PEAC Solutions has successfully closed its first Asset Backed Securitisation (ABS) transaction of 2025 on February 11. This transaction was the largest PEAC issuance and the third within eight months.
PEAC Solutions Receivables 2025-1 LLC (PEAC 2025-1) issued notes totalling US$687.3 million. The notes are backed by leases and loans primarily secured by office equipment, commercial and industrial assets, and other construction equipment.
Investor demand for the transaction was strong and significantly oversubscribed due to continued support from longstanding investors and several new entrants to the PEAC securitisation platform.
The securitisation received top-class ratings of F1+ / AAA and K1+ / AAA from Fitch and KBRA, underscoring the high quality of the underlying assets and PEAC Solutions’ disciplined financial management.
Mathew Petrick, Chief Financial Officer of PEAC Solutions, stated, “PEAC continues to build momentum in the securitisation market, aligning with our strategic financing objectives to drive investor returns, deploy capital efficiently, and enhance customer offerings through innovative products and technology.”
He continued, “We were pleased to see our core investors reaffirm their confidence in our securitisations and platform, and we were equally excited to welcome several new investors across all tranches of this transaction. The strong interest underscores the market’s positive perception of PEAC’s growth story and reflects the outstanding execution of our dedicated team.”
