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Equipment Finance News DLL’s inaugural securitization raises $500m Published: 22nd November 2017 Share Leasing vendor finance specialist DLL has announced the closing of its inaugural securitization for $501.5 million. The securitization is backed by a portfolio of agricultural equipment loans and leases in the US. The transaction includes $120 million class A1 notes, $165 million class A2 notes, $155 million class A3 notes and $61.50 million class A4 notes. Marc Dierckx, DLL chief financial officer and member of the executive board, said: “This securitization transaction is part of DLL’s long-term growth strategy to diversify our funding base and liquidity risk.” Pat Sweet Correspondent - Finance Connect Sign up to our newsletter Featured Stories News87% of European firms say equipment ownership is constraining growth Corporate Member Newsgrenke reports €15.5m Q1 earnings as new leasing business rises 4.2% Corporate Member NewsParagon-backed solar scheme helps SMEs cut energy costs Equipment Finance
