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Varilease Finance Completes Inaugural Securitization

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Date: May 03, 2022 @ 07:00 AM
Filed Under: Industry News

Varilease Finance, Inc. (VFI) a corporate financing firm specializing in equipment and project financing, announced the closing of its asset-backed securitization.

The issuance shortly follows VFI’s investment grade rating by the NRSRO; the Kroll-rated tranche was primarily rated “AAA” and oversubscribed with offers included in four classes of notes: Class A, Class B, Class C and Class D.

By tapping into this $300 billion securitization market, VFI is an elite low-cost provider of equipment financing in the United States. VFI funds projects for U.S. companies starting at $1 million to $50 million across a wide variety of equipment types, industries and regions, with a global presence and strong ability to fund complex transactions.

 



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