Wayne, PA, May 4, 2022 – Leading global vendor finance company, DLL announced the closing of “DLLST 2022-1”, a U.S. securitization transaction issuing notes totaling USD 837 million. The notes are backed by loans and leases secured with office equipment and technology
solutions.

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

“Despite volatile market conditions, we are very pleased to see that both investors who already know us and new investors put their trust and confidence in our small ticket securitization platform,” said Chris Morris, US Treasurer for DLL. “Last year, DLL was the largest equipment issuer, and this is our first Asset Backed Securities (ABS) transaction for 2022.”

“Our securitization transactions will continue to be a 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. “We are really happy with the effective programmatic issuance since starting our securitization program in 2017 and the continued growth of our investor base.”

About DLL
DLL is a global asset finance company for equipment and technology with a managed portfolio of more than EUR 35 billion. Founded in 1969 and headquartered in Eindhoven, the Netherlands, DLL provides financial solutions to the Agriculture, Food, Healthcare, Clean Technology, Construction, Transportation, Industrial, Office Equipment and Technology industries in more than 30 countries. DLL partners with equipment manufacturers, dealers and distributors, as well as end-customers on a direct basis, to enable businesses to more easily access equipment, technology and software. The company also delivers insights and advice to partners and customers that drive smarter and more economical methods of use. 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.