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Nations Equipment Finance Completes $173MM Securitization

October 20, 2014, 06:32 AM
Filed Under: Industry News

Nations Equipment Finance announced that it has completed a $173 million term securitization of equipment lease and loan backed notes.

The debt includes a senior tranche rated A2/A- by Moody’s and DBRS and two subordinate tranches rated Baa2 and Ba2 by Moody’s. Guggenheim Securities served as lead initial purchaser and BB&T Capital Markets served as co-manager in the Rule 144A private placement.

“Once again, Matthew Perkins and his team at Guggenheim did a terrific job structuring and marketing what is now our second term securitization,” said Nations’ Chief Financial Officer Rebecca Chandler. “This transaction, like last year’s, significantly improves the composition of our balance sheet. We couldn’t be happier with the outcome and the assistance provided by Guggenheim.”

“2014 is now our fourth year in business and we continue to see significant demand for our lease and loan products,” said Phil Carlson, President and CEO of Nations. “Financing transactions like this one provide us with the flexibility to offer our customers unique products that satisfy needs we believe are not being met by our competitors.”

Nations Equipment Finance is an equipment leasing and finance business that provides middle market companies with $1 million to $50 million equipment leases and term loans. Nations was founded and is managed by a seasoned team of professionals with collectively over 100 years of experience in the equipment finance and leasing industry. For additional information about Nations, please visit

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