Recent securitization reports indicate Amur Equipment Finance raised $250M in asset-backed notes at competitive yields, reinforcing its liquidity position and funding capacity for larger client deals. Mark Sanchez arrested post-stabbing in Indianapolis Among the deal's potential credit drawbacks is adverse pool selection risk. Prefunding and substitution can be as high as 20% and 15%, respectively, of the initial collateral pool, Fitch said. There are a couple of concentration risks, too, the company said. Some 45.2% of Amur Equipment, 2024-2's collateral is in the transportation sector. That concentration is higher than the previous series, the 2024-1, and presents an issue because the transportation sector has been under pressure for more than a year. Recent quarterly filings confirm Amur Equipment Finance’s leverage ratio at a prudent 3.4x, well below sector risk thresholds, making it an attractive proposition for risk-sensitive investors.
