Prudential acquires GMAC equipment lease portfolio


NEW YORK, Feb 28 (Reuters) - Prudential Capital Group, a unit of Prudential Financial Inc. , said on Wednesday it acquired a $607 million portfolio of equipment loans and leases from a unit of GMAC Financial Services. The portfolio includes loans and leases financing corporate aircraft, marine assets, industrial equipment, and various project-related assets. The price Prudential paid to GMAC Commercial Finance was not disclosed. The portfolio will operate under the name Prudential ...

Premium Content (PAID Subscription Required)

"Prudential acquires GMAC equipment lease portfolio" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×