Nations Equipment Finance, a Norwalk, Conn.-based commercial equipment finance company founded by veterans of GE Capital, completed its first term securitization of equipment lease and loan backed notes.

In a press release published today, Nations said the $153 million deal includes a senior tranche rated A2 by Moody’s Investors Service and A- by DBRS as well as two subordinate tranches rated Baa2 and Ba2, respectively, by Moody’s.

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