Liberty Commercial Finance closed a private placement of $30 million aggregate principal amount of unsecured notes rated BBB by Egan Jones. Piper Sandler served as the sole placement agent for the offering.
“This successful issuance is an enormous milestone for Liberty and is truly transformative for the business,” Eric Freeman, president and CEO of Liberty Commercial Finance, said. “The team at Piper Sandler did a tremendous job understanding our business and presenting to a whole new pool of investors who we are thrilled to have join the Liberty family.”