Vedder Price

Vedder Price Advises De Lage Landen Financial Services, Inc. in $850M Securitization Transaction of Construction, Transportation and Industrial-Related Equipment Financings

Vedder Price is pleased to announce that it represented De Lage Landen Financial Services, Inc. (DLLFS), as originator, sponsor and servicer, in connection with the DLLMT 2023-1 securitization that closed recently, issuing notes totaling $850 million. 

The notes are backed by secured loans and leases involving construction, transportation and industrial-related equipment. 

Vedder Price had also advised DLL Finance LLC, an affiliate of DLLFS, regarding a securitization transaction that closed in February 2023

The Vedder Price team included Capital Markets Shareholder Kevin A. MacLeod and Global Transportation Finance Shareholder Edward K. Gross

“We are delighted to have been able to continue to partner with DLLFS by providing assistance with their second asset-backed securitization to close this year, and we look forward to collaborating with them on future transactions,” said Mr. Gross. 

De Lage Landen Financial Services, Inc. is a leading global vendor finance company enabling businesses to more easily access equipment, technology and software to help them grow. Headquartered in Eindhoven, the Netherlands, De Lage Landen Financial Services, Inc. is a wholly-owned indirect subsidiary of Rabobank Group.

Click to read DLLFS’ release: