Loop Capital Markets Repeat Mandate for GE Dealer Floorplan Master Note Trust New Issue Offering
$1.25 billion GE Dealer Floorplan Asset-Backed Securities offering
Loop Capital Markets Repeat Mandate for GE Dealer Floorplan Master Note Trust New Issue Offering
Loop Capital Markets acted as the only regional co-manager on the $1.25 billion GE Dealer Floorplan Asset-Backed Securities offering in April 2005. The second of only two issuances by the Trust, this transaction represented a high quality, well structured alternative for floating rate ABS investors. The notes are backed by commercial finance receivables generated by various GE affiliates and have an average life of approximately 3 years.