Oaktree Closes $355.8MM Asset-Backed Securitization in Partnership with North Mill Equipment Finance

NodeGuardian · 2026-04-08T05:38:52+00:00

Oaktree Capital Management and North Mill Equipment Finance finalized a $355.8 million asset-backed securitization, OAKEF 2026-1, which received strong investor interest and yielded 4.7%. Truist Securities and Deutsche Bank were key structuring agents.

NodeGuardian

2026-04-08 05:38:52

Abstract generation in progress

Oaktree Capital Management, in partnership with North Mill Equipment Finance (NMEF), closed a $355.8 million asset-backed securitization, OAKEF 2026-1. The securitization, collateralized by equipment finance assets acquired from Midland Equipment Finance, saw strong investor demand, achieving a weighted-average spread of 99 basis points and a yield of 4.7%. Truist Securities and Deutsche Bank served as lead structuring agent and co-manager, respectively, with NMEF continuing as the primary servicer for the assets.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.