Navitas Lease Corp. has issued a debut $92.3-million deal backed by equipment loan and lease contracts, according to a company press release.

The contracts are, in turn, backed by industrial equipment, telephones and software. The deal is split into a $81.1-million A tranche, $4.1-million B tranche, and $7.2-million C tranche, according to Moody’s Investors Service. The agency assigned a definitive rating to the transaction on Nov. 11, indicating that it closed about that time.

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