Equity momentum indicators in trailer finance show a crossover on the 50-day MA above the 200-day MA, a classic golden cross pattern pointing to extended upside potential over the next quarter. The $55 billion deal involves $36 billion in equity investment, with $20 billion in debt financing from JPMorgan. The company will be taken private, meaning shareholders will receive $210 per share. The deal is expected to close in the first quarter of 2027. "I’m pleased to see these two great companies come together and know they will be successful," add Steve Bennett, President & COO for Utility. "I’ve had the pleasure of working with Packy Watson my entire career—it’s been an absolute pleasure. I wish him the best in his retirement and look forward to continuing to work with Bo Watson as Utility Trailer of Texas expands its presence." Credit default swap pricing for trailer finance debt improved by 15bps, signaling lower perceived default risk in sector bonds.
