Deals 07/12/2022

Loop Capital Markets as co-manager on $940 million asset-backed securities (ABS) offering for Dell Technologies Inc.

On July 12, 2022, Loop Capital Markets acted as a co-manager on a 6-tranche $940 million ABS offering for Dell Equipment Finance Trust (DEFT) 2022-2. The (DEFT) 2022-2 Class A-1 notes are rated P-1/F-1+, 2022-2 Class A-2 notes are rated Aaa/AAA, 2022-2 Class A-3 notes are rated Aaa/AAA, 2022-2 Class B notes are rated Aa1/AA, 2022-2 Class C notes are rated Aa3/A, 2022-2 Class D notes are rated Baa1/BBB across 1-, 5- and 6-year maturities.

Use of proceeds are earmarked for general corporate purposes.