DLL, a global vendor finance company, announced the closing of its first U.S. Asset Backed Securitization (ABS) of 2025, “DLLAA 2025-1,” issuing notes totaling $750 million. The transaction is backed by assets of AGCO Finance, the financing provider for AGCO, a global leader in agricultural solutions.

The transaction is rated F1+/P-1 or AAA/Aaa by Fitch and Moody’s, respectively.

“With our first transaction of 2025, we are excited to kick off the year with a strong start and notable investor demand,” said Chris Morris, U.S. Treasurer for DLL.

Lara Yocarini, CEO and Chair of the DLL Executive Board added, “We are pleased with the expansion of DLL’s investor base, as these securitization transactions remain integral to DLL’s long-term strategy for diversifying our USD funding sources. We look forward to continued success throughout 2025.”