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Amur Completes Successful 2021 with Its Largest Term Securitization

January 31, 2022, 06:00 AM
Filed Under: Equipment Finance News

Amur Equipment Finance closed its 10th term securitization - its largest ever - in which it issued $483 million in notes secured by equipment loans and leases originated through its platform.

“We entered 2021 with an ambitious growth plan, which we exceeded. We processed $5 billion in equipment finance applications, surpassed $1 billion in portfolio size and achieved an annual run-rate of $1 billion in booked transactions. This successful securitization, our largest ever, with each class of notes substantially oversubscribed, would not have been possible without the hard work and dedication of every member of the Amur family,” said Kalyan Makam, Amur’s Executive Vice President.

This transaction was rated by both DBRS Morningstar and Moody’s, with $391.7 million of the notes rated P-1/RIH or AAA/Aaa, respectively, the highest rating available by each agency.

“This transaction again demonstrated the broad and deep support Amur has earned from the investor and banking communities,” said Elliott Klass, General Counsel and Head of Syndications at Amur. “Our partners recognize the power and potential of our platform, which gives us great momentum as we enter 2022 with even larger goals.”  

Amur, headquartered in Grand Island, NE, is one of the largest independent equipment finance providers serving small businesses within the United States.

For more equipment  finance industry news, visit Equipment Finance Advisor.







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