Commercial leasing company Linc Capital is expected to become a regular player in the equipment sector going forward, pricing last week a $225 million equipment lease deal that marks the company's first entrance into the asset-backed market since 1996.

The Chicago-based company priced its term deal in two parts in the 144A market. The largest portion of the 1.5-year bonds sold at 25 basis points above one-month Libor, while a smaller, triple-B-rated piece rung in at 205 basis points over Libor.

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