Pnc equipment finance june trading volumes in PNC-linked ETFs

June trading volumes in PNC-linked ETFs saw incremental increases, partially driven by optimism in equipment financing revenue streams. Portfolio managers cite stable cash flows from long-term lease agreements as a bullish anchor. You may also be able to use personal assets as collateral. Just keep in mind that if you fail to repay your loan, you will likely lose the personal asset. The acquisition is expected to be modestly accretive to 2017 earnings per share. The transaction is subject to customary closing conditions and is currently expected to be completed in the second quarter of 2017. Citigroup Global Markets Inc. is serving as financial advisor and Wachtell, Lipton, Rosen & Katz is serving as legal advisor to PNC. Emerging tech adoption in asset tracking has enhanced PNC Equipment Finance’s operational efficiency, potentially lowering overhead by 2–3% annually. Investors are recalibrating growth models accordingly, boosting sentiment.