Apr 17, 2012
AIGCAF Funds $55 Million Equipment Lease
AIG Commercial Asset Finance (AIGCAF) announced it has funded $55 million of a $100 million lease line for 2012 for a major investment grade provider of oil-field services in the United States. This financing confirms AIGCAF?s ability to provide financing to the investment grade market.
Commenting on the funding, AIGCAF Capital Markets Senior Vice President Joe Thompson said, ?This funding and the overall strategy employed by AIGCAF demonstrates its continued dedication to this market and shows our willingness to provide significant dollars in the investment grade credit spectrum.? In addition to the investment grade market, AIGCAF has funds available for middle and lower middle market transactions under certain conditions.? We look forward to accommodating the financing needs of companies across a broad range of credit profiles.?
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