Yamaha Motor Finance Corporation, U.S.A. (YMFUS) announced that it has closed a $400 million term securitization (YMMT II 2026-A). The notes are collateralized by a pool of receivables arising under dealer inventory loans that are secured by new powersports and marine products.
This is YMFUS’s first term asset-backed securitization, a first for dealer floorplan powersports and marine collateral from a captive finance company and the industry’s first dealer floorplan ABS including powersports and marine receivables since 2015. The transaction received over $2 billion of interest from more than two dozen institutional investors, underscoring the strength of YMFUS’s operational excellence and Yamaha Motor’s global franchise. This inaugural investor securitization is an important milestone in financing the company’s growing receivables portfolio.
“This inaugural dealer floorplan ABS complements YMFUS’s existing bank facilities and increases our resilience and ability to support our dealers’ inventory needs today and in the future,” said Kevin Duck, President of Yamaha Motor Finance Corporation, U.S.A. “YMFUS has established a strong foundation supporting 2,000-plus Yamaha dealers across the United States and we look forward to continue expanding our capabilities, strengthening partnerships, and delivering long-term value across the Yamaha ecosystem,” added Duck.
