Report
Christopher O'Connell ...
  • Sergey Moiseenko
  • Stephanie Whited

Amur Equipment Finance Receivables VII LLC: Rating Report

DBRS, Inc. (DBRS) finalized its provisional ratings on the classes of notes (the Notes or the Series 2019-1) issued by Amur Equipment Finance Receivables VII LLC (the Issuer). This transaction represents the seventh term asset-backed securitization sponsored by Amur Equipment Finance, Inc. (Amur EF or the Company; f/k/a Axis Capital, Inc.). The pledged assets securing the Notes include a segregated pool of small-and mid-ticket equipment finance contracts (the Contracts) originated and/or underwritten by Amur EF and transferred to the Issuer (together with any additional assets acquired by the Issuer during the Prefunding Period, the Asset Pool), together with all moneys received relating thereto after June 30, 2019, (the Initial Cut-Off Date) or the applicable Subsequent Cut-Off Dates.
Provider
DBRS Morningstar
DBRS Morningstar

DBRS Morningstar is a global credit ratings business with 700 employees in eight offices globally. DBRS and Morningstar Credit Ratings are committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry.

Together, we are the world’s fourth largest credit ratings agency and a market leader in Canada, the U.S. and Europe in multiple asset classes. We rate more than 2,600 issuers and 54,000 securities worldwide and are driven to bring more clarity, diversity and responsiveness to the ratings process. Our approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources. For more details visit us at dbrs.com.

Analysts
Christopher O'Connell

Sergey Moiseenko

Stephanie Whited

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