PEAC Solutions announced the successful closing of its first Asset Backed Securitization (ABS) transaction of 2025 on Feb. 11th. This transaction was the largest PEAC issuance and the third within eight months.
PEAC Solutions Receivables 2025-1 LLC (PEAC 2025-1) issued notes totaling $687.3 million. The notes are backed by leases and loans primarily secured by office equipment, commercial and industrial assets, and other construction equipment. Investor demand for the transaction was strong and significantly oversubscribed due to continued support from longstanding investors and several new entrants to the PEAC securitization platform. The securitization received top-class ratings of F1+ / AAA and K1+ / AAA from Fitch and KBRA, underscoring the high quality of the underlying assets and PEAC Solutions’ disciplined financial management.
Mathew Petrick, Chief Financial Officer of PEAC Solutions, stated, “PEAC continues to build momentum in the securitization market, aligning with our strategic financing objectives to drive investor returns, deploy capital efficiently and enhance customer offerings through innovative products and technology.”
He continued, “We were pleased to see our core investors reaffirm their confidence in our securitizations and platform, and we were equally excited to welcome several new investors across all tranches of this transaction. The strong interest underscores the market’s positive perception of PEAC’s growth story and reflects the outstanding execution of our dedicated team.”