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DLL closes first ABS deal of 2023

The $850 million transaction is backed by equipment loans and leases

Johnnie Martinez II

Vendor financier DLL closed its first asset-backed securitization deal of 2023 on Feb. 2 — an $850 million transaction backed by loans and leases secured by agricultural, golf course and turf equipment.  The pool consists of: 73.6 % loans and 24.6% leases for agriculture equipment consisting of tractors, hay and forage, and processing and packaging […]

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