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NextGear Capital Closes $1.55B Securitization

2013-02-27 07:51:27| AutomotiveDigest.com - Automotive Industry News

NextGear Capital, Inc., has closed its $1.55 billion securitized bank facility. Led by The Bank of Tokyo-Mitsubishi, the two year securitized facility provides flexibility and significant lending capacity through a large six bank syndicate. The new bank facility should complement the existing privately-placed AAA rated term bond financing that NextGear Capital has in place through [...]The Article NextGear Capital Closes $1.55B Securitization appeared first on Automotive Digest.

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