Dext Capital, a healthcare equipment leasing company, announced the recent closing of an investment-grade corporate note issuance. Proceeds from the BBB rated transaction will support continued growth and expansion initiatives for the business, primarily by funding new originations.
Founded in 2018, Dext specializes in providing flexible financing solutions to the healthcare industry, helping customers acquire and upgrade essential-use equipment, improve cash flow and manage risk. As a well-capitalized platform with deep sector expertise and a focus on customer service, Dext has established itself as a trusted partner for healthcare providers throughout the United States.
“This transaction allows us to optimize the company's capitalization structure and accelerate our efforts for continued market growth,” said Kyin Lok, Chief Executive Officer of Dext. “We appreciate the continued support of our institutional investors, who recognize our industry expertise and strong financial position."
Brean Capital, LLC served as the company’s exclusive financial advisor and sole placement agent in connection with the transaction.
Dext Capital is an independent equipment finance company with strong financial sponsorship from Sightway Capital, a Two Sigma company.