Verdant Commercial Capital Successfully Closes Fourth Asset-Backed Securitization for $400.6 Million

Record performance reflects strong performance, credit quality

Verdant Commercial Capital, LLC, the sixth largest independent equipment finance company in the United States, has announced the closing of its latest and largest 144a term securitization. The “VERD 2025-1” transaction totaled $400,639,000 in asset-backed notes collateralized by a diverse portfolio of high-quality equipment leases and loans, comprised of construction equipment, material-handling equipment, vocational vehicles, golf course related equipment and other industrial equipment. The average original equipment cost was about $150,000.

The six classes of notes issued were rated by both Moody’s and Fitch Ratings, with $339.3 million of the notes rated Aaa/AAA by the respective agencies. Demand was strong for the VERD 2025-1 issued notes, as evidenced by 54 orders from 26 unique investors, of which six were new investors, and exceeded three times oversubscription.

“We’re extremely pleased with the strong execution and enthusiastic response to our latest securitization, especially considering recent market turmoil,” said Robert Moskovitz, Verdant’s Chief Financial Officer. “The broadening of our investor base and sustained demand not only provide ample liquidity to support our continued portfolio growth but deliver meaningful value to our bondholders.”

This was Verdant’s fourth term securitization and third 144a offering. The term ABS market is a key component of liquidity to support the company’s continued lease and loan origination growth.

“The market’s recognition of our platform’s high-performing assets is a powerful affirmation of the long-term value we’re creating,” said Mike Rooney, Verdant’s Chief Executive Officer. “This successful offering highlights the strength of our vendor-focused origination model and the discipline of our world-class team—proving that when expertise, innovation, and strategic focus come together, the results are built to endure.”

BofA Securities acted as the structuring lead and joint bookrunner. Wells Fargo Securities was joint bookrunner. Regions Securities LLC was a co-manager.

ABOUT VERDANT COMMERCIAL CAPITAL

Verdant Commercial Capital is the sixth largest independent equipment finance company in the United States. Verdant provides financing solutions for the acquisition of business essential equipment and software in six industries: Industrial; Manufacturing; Specialty Vehicle; Golf, Sports & Entertainment; Renewables & Energy Efficiency; and Technology & Office Automation. Verdant brings partners the ability to fund business with transaction sizes from below $25,000 up to $100 million. The company is headquartered in Cincinnati and has offices across the U.S. Verdant has been named a Top Workplace by The Enquirer Media every year since 2022. For more information, visit www.verdantcc.com.

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“We’re extremely pleased with the strong execution and enthusiastic response to our latest securitization, especially considering recent market turmoil,” said Robert Moskovitz, Verdant’s Chief Financial Officer.