DLL, a leading global vendor finance company, announced the closing of its first U.S. Asset Backed Securitization (ABS) of 2026, “DLLMT 2026-1,” issuing notes totaling USD $672 million, including a tranche retained by DLL. The notes are backed by a diverse range of DLL’s loans and leases secured by assets within the construction, transportation, and industrial sectors.
The transaction is rated F1+/P-1 or AAA/Aaa by Fitch and Moody’s, respectively.
“Our first ABS transaction of the year was met with robust investor demand, bolstered by participation from new investors. This ongoing appetite reflects the market’s confidence in the consistency and strength of DLL’s programmatic ABS platform,” said Chris Morris, U.S. Treasurer at DLL.
“Investor confidence in our securitization platform continues to grow, and we’re pleased to see our investor base broadening with each transaction. These securitizations are essential to DLL’s long-term strategy to diversify and strengthen our USD funding sources, said Alp Sivrioglu, DLL Chief Financial Officer and Member of the Executive Board.