A Blank Rome team represented LEAF Commercial Capital, Inc. and its special purpose affiliate, M&T Equipment (2025-LEAF1), LLC, in the issuance of $550,000,000 in asset-backed notes, secured by assets consisting of a pool of leases and commercial loan contracts (the “Contracts”). LEAF Commercial Capital used the proceeds of the securitization to finance its acquisition of the Contracts, to make initial deposits in a reserve account, and to pay costs and expenses. The money market tranche of Notes was rated by Moody’s and S&P P-1 (sf)/A-1+ (sf) and the remaining three classes all received ratings of Aaa (sf) and AAA (sf). LEAF Commercial Capital is a wholly owned subsidiary of M&T Bank.
The Blank Rome team was led by Stephen T. Whelan, John W. Louros, Dylan H. Franklin, and John Paul G. Dominguez, with the support of Joseph T. Gulant, Michael A. Kadlec, and David A. Gilbert.
