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Vedder Thinking | News Vedder Price Represents DLLFS in $837 Million Securitization of Office Equipment & Technology Solutions

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Vedder Price is pleased to announce that we represented De Lage Landen Financial Services, Inc. (DLLFS), as originator, sponsor and servicer, in connection with an $837 million securitization.

The four classes of notes issued by DLLST 2022-1 LLC are secured by a pool of loans and leases with respect to office equipment and technology solutions, notably digital copiers & multi-functionals, networking and software, and included electronic chattel paper.

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 Jonathan M. Rauch and Conor A. Gaughan.

“We are proud to have partnered with DLLFS on its tenth securitization and its first securitization of 2022,” said Mr. Gross. “We look forward to continuing to work with DLL to fulfill their long-term business strategies.”

DLLFS is a wholly-owned, indirect subsidiary of De Lage Landen International B.V. (DLL).  DLL has offices in more than 30 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



Jonathan M. Rauch

Associate



Conor A. Gaughan

Associate