Wayne, PA, November 16, 2017 – DLL, the leading vendor finance company in the United States, announced today the closing of its inaugural securitization – DLL Securitization Trust 2017-A for $501.5M.

“DLL’s transaction was very well received in the market,” said DLL U.S. Chief Financial Officer Peter Mullen. “The deal was oversubscribed and traded tight to guidance across a deep investor base. This kind of demand is promising for future securitization transactions.”

The securitization is backed by a portfolio of agricultural equipment loans and leases in the United States. The transaction includes $120 million class A1 notes, $165 million class A2 notes, $155 million class A3 notes and $61.50 million class A4 notes. The notes were rated A1+/P1 or AAA / Aaa by Standard & Poor’s and Moody’s, respectively.

“This securitization transaction is part of DLL’s long-term growth strategy to diversify our funding base and liquidity risk,” said Marc Dierckx, DLL Chief Financial Officer and member of the Executive Board.

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About DLL
DLL is a global vendor finance company with EUR 30 billion in assets. Founded in 1969 and headquartered in Eindhoven, The Netherlands, DLL provides asset-based financial solutions in the Agriculture, Food, Healthcare, Clean technology, Construction, Transportation, Industrial and Office technology industries. DLL partners with equipment manufacturers, dealers and distributors in more than 30 countries to support their distribution channels and help grow their businesses. DLL combines customer focus with deep industry knowledge to deliver sustainable solutions for the complete asset life cycle, including commercial finance, retail finance and used equipment finance. DLL is a wholly owned subsidiary of Rabobank Group. To learn more about DLL, visit www.dllgroup.com.