{"id":67184,"date":"2025-11-26T07:29:24","date_gmt":"2025-11-26T15:29:24","guid":{"rendered":"http:\/\/www.enxmag.com\/twii\/?p=67184"},"modified":"2025-11-26T07:29:25","modified_gmt":"2025-11-26T15:29:25","slug":"greatamerica-announces-711-7-million-term-securitization","status":"publish","type":"post","link":"https:\/\/www.enxmag.com\/twii\/news\/2025\/11\/greatamerica-announces-711-7-million-term-securitization\/","title":{"rendered":"GreatAmerica Announces $711.7 Million Term Securitization"},"content":{"rendered":"\n<p><em>Cedar Rapids, IA (Nov. 18, 2025)<\/em> \u2014 GreatAmerica Financial Services Corporation announced today it has closed its 27th term securitization, issuing $711,774,000 of privately placed bonds. S&amp;P and Fitch rated 93.4% of the bonds as AAA, consistent with the ratings on the company\u2019s prior ten transactions. With this issuance, GreatAmerica\u2019s life-to-date bond offerings now total $12 billion.<\/p>\n\n\n\n<p>\u201cThis securitization reinforces the strength of our business model and the confidence investors place in us,\u201d said Martin Golobic, CEO of GreatAmerica. \u201cIt positions us to invest in our future, support our customers\u2019 growth, and expand the opportunities we can create across the industries we serve.\u201d<\/p>\n\n\n\n<p>Proceeds from the securitization will be used to pay down outstanding warehouse and revolving credit facility debt, placing GreatAmerica in a strong liquidity position to continue supporting business operations and customer needs.<\/p>\n\n\n\n<p>Investor demand was strong, with nearly $2.7 billion in orders placed, representing 3.8x the amount of bonds offered. A total of 37 unique investors participated in the transaction, including four new investors.<\/p>\n\n\n\n<p>###<\/p>\n\n\n\n<p><strong>About GreatAmerica<\/strong><br><a href=\"https:\/\/www.greatamerica.com\">GreatAmerica Financial Services<\/a> is the largest family-owned national commercial equipment finance company in the United States. With $3.5+ billion in assets and life-to-date finance originations of $16.1 billion, GreatAmerica is dedicated to helping manufacturers, distributors, resellers, and franchisees be more successful and keep their customers for a lifetime. GreatAmerica offers innovative, complementary services in addition to financing. Established in Cedar Rapids, Iowa in 1992, GreatAmerica also maintains offices in Des Moines, Iowa; Marshall, Minnesota; Milton, Georgia; and Northbrook, Illinois. The company is deeply rooted in the communities where it has offices, contributing more than $1.1 million annually through its Donor Advised and Employee Advised Funds\u2014empowering team members to guide charitable giving and make a meaningful difference where they live and work.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cedar Rapids, IA (Nov. 18, 2025) \u2014 GreatAmerica Financial Services Corporation announced today it has closed its 27th term securitization, issuing $711,774,000 of privately placed bonds. S&amp;P and Fitch rated 93.4% of the bonds as AAA, consistent with the ratings on the company\u2019s prior ten transactions. With this issuance, GreatAmerica\u2019s life-to-date bond offerings now total $12 billion. \u201cThis securitization reinforces the strength of our business model and the confidence investors place in us,\u201d said Martin Golobic, CEO of GreatAmerica. \u201cIt positions us to invest in our future, support our customers\u2019 growth, and expand the opportunities we can create across the industries we serve.\u201d Proceeds from the securitization will be used to pay down outstanding warehouse and revolving credit facility debt, placing GreatAmerica in a strong liquidity position to continue supporting business operations and customer needs. Investor demand was strong, with nearly $2.7 billion in orders placed, representing 3.8x the amount of bonds offered. A total of 37 unique investors participated in the transaction, including four new investors. ### About GreatAmericaGreatAmerica Financial Services is the largest family-owned national commercial equipment finance company in the United States. With $3.5+ billion in assets and life-to-date finance originations of $16.1 billion, GreatAmerica is dedicated to helping manufacturers, distributors, resellers, and franchisees be more successful and keep their customers for a lifetime. GreatAmerica offers innovative, complementary services in addition to financing. Established in Cedar Rapids, Iowa in 1992, GreatAmerica also maintains offices in Des Moines, Iowa; Marshall, Minnesota; Milton, Georgia; and Northbrook, Illinois. The company is deeply rooted in the communities where it has offices, contributing more than $1.1 million annually through its Donor Advised and Employee Advised Funds\u2014empowering team members to guide charitable giving and make a meaningful difference where they live and work.<\/p>\n","protected":false},"author":66,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[86],"tags":[197],"_links":{"self":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/67184"}],"collection":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/comments?post=67184"}],"version-history":[{"count":1,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/67184\/revisions"}],"predecessor-version":[{"id":67185,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/67184\/revisions\/67185"}],"wp:attachment":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/media?parent=67184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/categories?post=67184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/tags?post=67184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}