July 10, 2019 — The Janney Financial Institutions Group has executed a $129 million equipment finance loan sale involving two of its financial institution clients.
“We often work with financial institutions to reposition their balance sheets and sell non-strategic assets following M&A activity,” said Ricardo Diaz, Managing Director, Institutional Fixed Income Sales. “Janney enabled the seller to dispose of loans that no longer were core assets within the bank’s portfolio, and the buyer realized an opportunity to add to its balance sheet.”
FIG Partners Is Now Part Of Janney
In June 2019, FIG Partners joined Janney Montgomery Scott LLC, a leader in middle-market financing solutions. Janney places a high value on its consistent track record of delivering solutions to clients. Since 2009, Janney has completed 609 transactions aggregating $85 billion in transaction value. Janney works with clients on a highly-personalized basis, providing exceptional service, commitment and senior level attention. Click here for more information.