Wayne, PA - Leading global vendor finance company, DLL, announced the closing of its third U.S. Asset Backed Securitization (ABS) of 2024, “DLLMT 2024-1,” issuing notes totaling USD 750 million. Backed by loans and leases of Construction, Transportation and Industrial assets, this transaction brings DLL’s 2024 ABS issuance total to USD 2.15 billion.

The transaction is rated F1+/P-1 or AAA/Aaa by Fitch and Moody’s, respectively.

“We are thrilled to complete our third ABS transaction of 2024, despite a volatile market,” said Chris Morris, U.S. Treasurer for DLL. 

Grégory Raison, CFO and Member of the DLL Executive Board added, “DLL U.S. securitization transactions are a key element of our growth strategy. I continue to be pleased with the investors’ interest and confidence in our securitization platforms which propels our ability to diversify our USD funding base.”

About DLL 

DLL is a global asset finance company for equipment and technology with a managed portfolio of more than EUR 44 billion. Founded in 1969 and headquartered in Eindhoven, the Netherlands, DLL provides financial solutions within the Agriculture, Clean Energy, Construction, Food, Healthcare, Industrial, Office Equipment, Technology, and Transportation industries in more than 25 countries. The company partners with equipment manufacturers, dealers, distributors, as well as end users, to enable businesses to access equipment, technology, and software more easily. DLL is committed to a more sustainable future for the environment and the communities in which it operates. To advance on this commitment, the company has embedded sustainability into its business strategy. DLL combines customer focus and industry knowledge to provide financial 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.