Wayne, PA, July 30, 2025 – DLL, a leading global vendor finance company, announced the closing of its second U.S. Asset Backed Securitization (ABS) of 2025, “DLLAD 2025-1,” issuing notes totaling USD 793 million, including a tranche retained by DLL. The notes are backed by a diverse range of DLL’s loans and leases secured by assets within the food, agriculture, and outdoor sectors. 

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

“This marks our second ABS transaction of the year, once again met with strong investor demand – including participation from new investors. We’re pleased to see continued interest, which reflects the strength and consistency of DLL’s programmatic ABS issuance, said Chris Morris, US Treasurer at DLL. 

Lara Yocarini, CEO and Chair of the DLL Executive Board added, “We greatly value the trust investors continue to place in our securitization platform and are encouraged by the continued growth of DLL’s investor base. These securitization transactions play a vital role in our long-term strategy to diversify USD funding sources.”