Verdant Commercial Capital Closes $251 Million Inaugural 144a Term Securitization
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Tuesday, August 22, 2023
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Verdant Commercial Capital, LLC, the nation’s sixth largest independent equipment finance company, announces the closing of its initial 144a term securitization.
Key Points:
- Verdant Commercial Capital, LLC, the nation’s sixth largest independent equipment finance company, announces the closing of its initial 144a term securitization.
- “Our initial 144a issuance is another important step forward in executing our capital strategy,” said Robert Moskovitz, Chief Financial Officer of Verdant Commercial Capital.
- The term securitization vehicle is a key component of liquidity to support the company’s continued lease and loan origination growth.
- “We are pleased with the confidence investors have shown in Verdant, and the successful issuance of our inaugural 144a securitization.