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Vedder Thinking | News Vedder Price Advises DLL Finance LLC in $850 Million Securitization Transaction of Agricultural, Golf Course and Turf Equipment Contracts

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Vedder Price is pleased to announce that it represented DLL Finance LLC (DLL Finance), as originator, sponsor and servicer, in connection with the DLLAD 2023-1 securitization that closed recently. 

The four classes of notes issued by DLLAD 2023-1 LLC are secured by a pool of loans and leases with respect to agricultural, golf course and turf equipment. 

Global Transportation Finance Shareholder Edward K. Gross and Capital Markets Shareholder Kevin A. MacLeod led a Vedder Price team that also included Tax Shareholder Matthew P. Larvick and Associates Conor A. Gaughan, Jonathan M. Rauch, Francisco Ishino and Sandy Chen. 

“We are extremely happy to have been able to continue to partner with DLL Finance and assist them in this important transaction,” said Vedder Price Shareholder Edward K. Gross. 

DLL Finance is a wholly-owned, indirect subsidiary of De Lage Landen International B.V. (DLL).  DLL has offices in more than 25 countries throughout Europe, North America, South America, Australia and Asia. DLL is part of the Rabobank Group. 



Professionals



Edward K. Gross

Shareholder



Kevin A. MacLeod

Shareholder



Matthew P. Larvick

Shareholder



Conor A. Gaughan

Associate



Francisco Koichi Ishino

Associate



Sandy W. Chen

Associate