Wells Fargo Securities Related Content

Channel Closes $190MM Equipment Finance Securitization

Channel completed a second equipment finance securitization, a $190 million issuance of asset-backed notes collateralized by a portfolio of equipment receivables. The notes consist of four classes, rated AA (sf), A (sf), BBB (sf) and BB+ (sf) by Kroll Bond Rating Agency. read more

Goldman Sachs Sells GreenSky to Sixth Street-Led Consortium

Goldman Sachs entered into an agreement to sell its GreenSky platform and associated loan assets to a consortium of institutional investors led by Sixth Street. The transaction is expected to close in Q1/24, subject to standard closing conditions. read more

CNH Industrial Capital Closes $500MM of 5.5% Notes

CNH Industrial Capital completed its previously announced offering of $500 million in aggregate principal amount of 5.5% notes due 2029, with an issue price of 99.399%. read more

Verdant Commercial Capital Closes Inaugural 144a Term Securitization at $251MM

Verdant Commercial Capital closed its initial 144a term securitization, VERD 2023-1, which issued notes totaling $251.253 million that are backed by a portfolio of equipment leases and loans. read more

Verdant Commercial Capital Issues Inaugural Term Securitization

Verdant Commercial Capital closed its inaugural term securitization, Verdant Receivables 2022-1. The transaction was privately issued to an insurance company. The bonds are backed by a portfolio of equipment leases and loans. read more

CNH Industrial Capital Closes Offering of $400MM Notes

CNH Industrial Capital, a wholly-owned subsidiary of CNH Industrial, completed its previously announced offering of $400 million in aggregate principal amount of 5.45% notes due 2025, with an issue price of 99.349%. read more

Franklin BSP Lending and Franklin BSP Capital Acquire Encina Equipment Finance

Franklin BSP Lending and Franklin BSP Capital, business development companies advised by affiliates of Benefit Street Partners, acquired substantially all of the equity interests of Encina Equipment Finance. read more

BofA and MUFG Lead $1.4B Revolving Credit Facility for Ryder

Ryder executed a five-year, $1.4 billion global revolving credit facility, which includes 11 global institutions and will expire on Dec. 14, 2026. BofA Securities and MUFG Bank acted as joint bookrunners and joint lead arrangers for the facility. read more

Triton International Completes Transition of Debt Capital Structure

Container leasing company Triton International took multiple actions to implement its planned transition to a debt capital structure made up of primarily unsecured debt, including amending and restating its existing revolving and term loan facilities so that both will now be unsecured. read more

United Rentals Prices Offering of $750MM of 3.75% Senior Notes

United Rentals’ subsidiary, United Rentals North America, priced an offering of $750 million principal amount of 3.75% senior notes due 2032 in a registered public offering. read more

CNH Industrial Capital Prices $600MM Notes Due 2026

CNH Industrial’s wholly-owned subsidiary, CNH Industrial Capital, priced $600 million in aggregate principal amount of 1.450% notes due 2026, with an issue price of 99.208%. read more

Centra Funding Closes $65MM Securitization

Centra Funding completed its first securitization of equipment finance receivables, Centra Funding 2021-1. The proceeds from this securitization amount to approximately $65 million. read more

TD Bank Acquires Wells Fargo’s Canadian Direct Equipment Finance Business

TD Bank and Wells Fargo entered a definitive agreement, subject to certain closing conditions, for TD to acquire Wells Fargo's Canadian direct equipment finance business. read more

CNH Industrial Capital Closes $600MM Offering

CNH Industrial Capital completed its offering of $600 million in aggregate principal amount of 1.950% notes due 2023, with an issue price of 99.370%. read more

AerCap Prices $1.25B Aggregate Principal Amount of Senior Notes

AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust, each a wholly-owned subsidiary of AerCap, priced their offering of senior notes, consisting of $1.25 billion aggregate principal amount of 4.50% senior notes due 2023. read more

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com