Vedder Price advises DLL in $1 Billion Securitization Transaction
Vedder Price is pleased to announce that it represented DLL in its closing of DLLAA 2021-1, a U.S. securitization transaction issuing notes totaling $1 billion. The notes are backed by loans and leases secured with agricultural equipment originated by AGCO Finance, a joint venture between DLL (51% ownership) and AGCO (49% ownership). Global Transportation Finance Shareholder Edward K. Gross and Capital Markets Shareholder Kevin A. MacLeod led the team from Vedder Price which also included Associate Jonathan M. Rauch and Jeremy M. Tudin.
“We are delighted to have partnered with DLL on its seventh securitization transaction,” said Mr. Gross. “We look forward to our continued relationship with DLL, as they continue to pursue further opportunities in the future,” added Mr. MacLeod.
Vedder Thinking | News Vedder Price advises DLL in $1 Billion Securitization Transaction
Press Release
May 24, 2021
Vedder Price is pleased to announce that it represented DLL in its closing of DLLAA 2021-1, a U.S. securitization transaction issuing notes totaling $1 billion. The notes are backed by loans and leases secured with agricultural equipment originated by AGCO Finance, a joint venture between DLL (51% ownership) and AGCO (49% ownership). Global Transportation Finance Shareholder Edward K. Gross and Capital Markets Shareholder Kevin A. MacLeod led the team from Vedder Price which also included Associate Jonathan M. Rauch and Jeremy M. Tudin.
“We are delighted to have partnered with DLL on its seventh securitization transaction,” said Mr. Gross. “We look forward to our continued relationship with DLL, as they continue to pursue further opportunities in the future,” added Mr. MacLeod.
