HP returns with IT equipment securitization

IT equipment
By Jennifer Kang
16 Jun 2020

Hewlett Packard Enterprise is preparing a small ticket equipment securitization backed by loans and leases on IT equipment. With the massive shift to remote working, HP is seeing uneven demand for its products, with orders for in-home supplies increasing while the need for office equipment, such as printers, has dropped significantly.

HP securitizations are typically backed by small ticket technology equipment such as PCs, printers and notebooks, although information on the exact collateral makeup for this transaction has not yet been made available.

Bank of America, Goldman Sachs, JP Morgan and Mizuho are working on the deal, according ...

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