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ATEL Leasing Corporation Announces Completion of $39M Equipment Lease Transaction with Halliburton

Posted 02/13/2014

February 13, 2014-San Francisco-ATEL Leasing Corporation (“ATEL”) is pleased to announce the completion of a $39 million equipment lease transaction with Halliburton Company. Halliburton Overseas Limited leased a well stimulation vessel, Stim Star Angola, to be used in Halliburton’s West African operations. The Stim Star Angola was manufactured in 2004 and was upgraded with numerous engineering innovations in 2008. The vessel is used in all phases of production and stimulation including acidizing, acid fracturing, proppant fracturing and sand control.

ATEL Capital Group is an international financial services company that for over 35 years has offered its clients a wide array of financial solutions including equipment leasing, asset-based lending, venture finance, lease administration and asset management. Since its inception, ATEL has sponsored twenty-three publicly registered equipment leasing funds and private investment programs. ATEL's family of Funds have attracted more than 50,000 investors since ATEL's first public program was created in 1986. Additional information about ATEL Capital Group can be found on the Company's web site at www.atel.com

 

 

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