Wayne, PA, January 22, 2025 – DLL, a leading global vendor finance company, announced the closing of its first U.S. Asset Backed Securitization (ABS) of 2025, “DLLAA 2025-1,” issuing notes totaling USD 750 million. The transaction is backed by assets of AGCO Finance, the financing provider for AGCO, a global leader in agricultural solutions.
The transaction is rated F1+/P-1 or AAA/Aaa by Fitch and Moody’s, respectively.
“With our first transaction of 2025, we are excited to kick off the year with a strong start and notable investor demand,” said Chris Morris, U.S. Treasurer for DLL.
Lara Yocarini, CEO and Chair of the DLL Executive Board added, “We are pleased with the expansion of DLL’s investor base, as these securitization transactions remain integral to DLL’s long-term strategy for diversifying our USD funding sources. We look forward to continued success throughout 2025.”
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.
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