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Asset Finance News
Government names plug-in vans eligible for grant
Wednesday, 22 February 2012 12:14

plug in_van

The UK government has named seven ultra-low carbon vans that will qualify for a discount of up to £8,000 as part of the ‘Plug-In Van Grant' incentive.

 
Aldermore strengthens structured finance team
Wednesday, 22 February 2012 12:13

Aldermore

Neil Kindness has joined UK bank Aldermore’s specialist structured finance team as associate director with responsibility for negotiating deals in London and Scotland.

 
FGA Capital prices €500m 2014 bond
Wednesday, 22 February 2012 12:11

FGA capital
FGA Capital has priced a €500m two-year bond. The details are:

 
El Al agrees sale and leaseback deal on engines
Wednesday, 22 February 2012 12:09

el al_israel 

El Al Israel Airlines has signed an agreement to sell and lease back two CFM56-7B engines, for around $13–14m.

 
Key Equipment Finance appoints VP of business development, Canada
Wednesday, 22 February 2012 12:08

Key equipment_finance

Key Equipment Finance has appointed Jonathan Katz vice president of business development for its Canadian operations.

 
TBF Financial launches online resource to price equipment lease charge-offs
Wednesday, 22 February 2012 12:07

tbf financial
TBF Financial, a buyer of charged-off equipment leases and loans, has created a new online method for industry executives to learn the sale price for their uncollected leases and loans.

 
CIT acts as joint lead arranger in JLL Partners’ acquisition of American Dental Partners
Wednesday, 22 February 2012 12:04

CIT

CIT Group has announced that CIT Healthcare acted as joint lead arranger and joint bookrunner for the financing transaction in support of JLL Partners’ acquisition of American Dental Partners Inc.

 
GSG Leasing appoints major account managers
Wednesday, 22 February 2012 12:03

gsg leasing

GSG Leasing, a New York-based equipment financing solutions company, has appointed Brandon Bach and Jessica Korovich as major account managers.

 
CAI International reports record results
Wednesday, 22 February 2012 12:02

cai international

CAI International, one of the world's leading lessors of intermodal freight containers, has reported results for the fourth quarter and full year of 2011.

 
NewStar adds $150m credit facility to support loan growth
Wednesday, 22 February 2012 12:00

Newstar financial
NewStar Financial, a specialized commercial finance company, has closed a $150m secured credit facility through a financing subsidiary known as NewStar Commercial Funding 2012-1 LLC with an affiliate of Natixis Financial Products.

 
ICBC Leasing increases credit facilities for SMEs
Wednesday, 22 February 2012 11:58

ICBC leasing

ICBC Leasing, a wholly-owned subsidiary of ICBC, has announced that in 2011 it provided equipment leasing services for more than 300 small-and-medium enterprises (SMEs) with credit facilities totalling over RMB5bn.

 
VALC appoints new president and CEO
Wednesday, 22 February 2012 11:57

valc

Vietnam Aircraft Leasing Company (VALC) has announced the appointment of Pham Trung Hieu as president and chief executive officer with effect from February 15, 2012.

 
FGA Capital looking at €500m two-year bond
Tuesday, 21 February 2012 11:59

FGA capital

FGA Capital, an automotive sector financing joint venture between Fiat Group Automobiles and French banking group Crédit Agricole, is planning to issue a €500m, two-year bond, according to reports. Initial price talk is for the bond to yield in the area of 5.50%.

 
S&P rating for Russian lessor Element Leasing
Tuesday, 21 February 2012 11:55

basic element 

Standard & Poor’s Ratings Services has announced its latest rating of Russian leasing company Element Leasing LLC as B-/Stable/C.

 
S&P and Moody’s assign ratings to ILFC’s $900m loan
Tuesday, 21 February 2012 11:50

ILFCstandard and_poors

The $900m five-year term loan from aircraft lessor International Lease Finance Corporation (ILFC) has been rated Ba3 by Moody’s Investors Service and graded BBB- by Standard & Poor’s.

 
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