Wayne, PA, January 25, 2024 – Leading global vendor finance company, DLL announced the closing of “DLLST 2024-1”, the first U.S. securitization transaction this year, issuing notes totaling USD 750 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 and Moody’s, respectively.

“This is our first Asset Backed Securities (ABS) transaction this year. We saw strong investor interest including new investors, which confirms once again the continued growth in interest for DLL ABS programs,” said Chris Morris, US Treasurer for DLL.

Grégory Raison, CFO and Member of the DLL Executive Board added: “It is great to see so many investors putting their trust and confidence in our securitization platform. As we have indicated before, these kinds of securitization transactions will continue to be a part of DLL’s long-term growth strategy 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 42 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 25 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.