Eldridge Closes $869MM Equipment Asset-Backed Securitization for Stonebriar
Eldridge Capital Management closed SCFET 2026-1, a $869 million asset-backed securitization by Stonebriar Commercial Finance, an Eldridge-managed company. SCFET 2026-1 is Stonebriar’s 16th equipment asset-backed securitization. In addition to Stonebriar, the Eldridge Diversified Credit Fund II (EDCF II) participated in the financing. SCFET 2026-1 is secured by leases and loans on essential-use assets across the marine, mining, energy, manufacturing and technology industries. The transaction was rated by Fitch Ratings and KBRA. “Bringing EDCF II into Stonebriar’s financing technology is an innovative step for us,” Nicholas...
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