representative work

Stonebriar Commercial Finance Closes US$577 Million Asset-Backed Securitization Transaction

05/31/2018

On May 24, 2018, Stonebriar Commercial Finance, a leading commercial and structured finance company in North America, closed a US$577,597,000 asset-backed securitization transaction for the issuance of certain equipment contract backed notes. The notes are secured by a portfolio of leases and commercial equipment loans across aviation, rail, manufacturing, infrastructure, real estate, heavy equipment, marine transportation and automotive.

BofA Merrill Lynch served as Sole Structuring Agent and Joint Bookrunner. Credit Suisse and Goldman Sachs & Co. LLC also served as Joint Bookrunners to the transaction. Cassels acted for Stonebriar with a team comprised of Jonathan Fleisher, Carla Potter and Daniel Cipollone (Financial Services), James Morand (Tax), Joseph Bellissimo, Lance Williams and Natalie Levine (Restructuring and Insolvency) and John Christian (Corporate).