US Express Leasing, an independent equipment leasing company, recently priced its first term securitization, a $325 million deal. Market watchers say it is another sign of resurgence from a market that experienced a slowdown just five years ago.

Credit Suisse acted as lead manager on the deal, a likely arrangement, considering that the bank owns the private equity company, DLJ Merchant Banking Partners, which itself owns US Express Leasing. Barclays Capital and Wachovia Securities are on board as co-managers.

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