Navitas Lease Corp. is marketing its second securitization of commercial equipment loans and leases, according to Moody’s Investors Service.

The $130.7 million Navitas Equipment Receivables LLC 2015-1 (NVTAS 2015-1) is backed by equipment purchased in industries such as restaurants, beauty shops, medical and physical fitness facilities, hotels and motels.  The trust will issue six classes of fixed-rate notes; Moody’s expects to assign an ‘A3’ rating to a $65.5 million senior tranche maturing in November 2018 and a ‘Baa3’ rating to a $4.1 million subordinated tranche maturing in February 2019.

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