North Mill Equipment Finance Upsizes Investment Grade Bond Issuance to $25MM

North Mill Equipment Finance, an independent commercial equipment lessor located in Norwalk, CT, upsized its existing investment-grade rated corporate notes to $25 million. The company intends to use the net proceeds from the transaction for working capital and general corporate purposes to support additional growth.

“Through our expertise in providing a comprehensive portfolio of lending solutions tailored to small- and mid-sized enterprises, North Mill achieved an exceptional year of growth despite economic uncertainty of the past year,” Pier Snider, CFO of North Mill, said. “This additional capital is a strong endorsement from the institutional investor community and will allow us to provide our clients the capital they need to accelerate their growth as the economy reopens.”

Brean Capital served as North Mill’s exclusive advisor and placement agent in connection with this transaction.