Argos Lease Transaction Highlight

Transcription

Argos Lease Transaction Highlight
ALC LEASE TRANSACTION - ARGOS CEMENTOS
February 23, 2015
ATEL Leasing Corporation (“ATEL”) is pleased to announce the completion of an equipment lease transaction
with Argos Cementos. The transaction arranged for a fleet of 88 Ford and Chevrolet Utility Trucks to be used in
the companies north America operations.
Argos is the sixth largest concrete producer in the United States and the largest producer in Colombia,
South America. In the U.S., Argos has its largest concrete production capacity; 8.9 million cubic meters per
year with 134 concrete production plants and
1,350 mixers. In January, Argos further expanded
by purchasing the assets of Vulcan Materials
for $720 million.
“We are very pleased to welcome Argos into our portfolio
of valued customers” said ATEL President and CEO,
Dean Cash. “With its strong growth and capacity for
production, Argos exemplifies the caliber of ATEL’s
corporate market and further reinforces the company’s
commitment to providing the funding needed to fuel the
growth of the American industry.”
ABOUT ATEL CAPITAL GROUP
ATEL Capital Group is an international financial services company that for over 35 years has offered its clients
a wide array of financial solutions including equipment leasing, asset-based lending, venture finance, lease
administration and asset management. Since its inception, ATEL has sponsored twenty-three publicly registered
funds and private investment programs.
ATEL's family of Funds have attracted more than 50,000 investors since ATEL's first public program
was created in 1986. Additional information about ATEL Capital Group can be found on the company's
website at www.atel.com
THE TRANSAMERICA PYRAMID
600 MONTGOMERY ST., 9TH FLOOR
SAN FRANCISCO, CA 94111
(800) 543-2835 EXT. 2
WWW.ATEL.COM

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