The Optimus Group Completes C$8.7 Million Equipment Lease Facility for $3 Billion International Mining Concern

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Advisor to corporate lessees still sees opportunities for firms with strong balance sheets and good credit.

The Optimus Group is pleased to announce the successful funding of a C$8.7 million equipment lease for a $3 billion international mining concern. The leased equipment was comprised of a variety of new construction equipment.

"We are extremely satisfied that we were able to complete this transaction at a fixed rate of 3.87% for a 72 month term given the challenges in the credit market," said Jay Zeinfeld, President of The Optimus Group. "This transaction further demonstrates our commitment to source for our clients the best possible financing and leasing structures available in a tight credit environment. Despite all the doom and gloom on the economy, we still see significant financing opportunities for corporations with strong financials, steady operations and a history of sensibly managing credit lines."

About The Optimus Group

The Optimus Group provides financial advice on equipment lease and loan transactions, potential contract conflicts, optimal lease or loan structures, early termination, upgrade/replacement rights, default provisions, FMV and other end of term disputes, casualty loss, and forced renewals and extensions. Working closely with Chief Financial Officers, Vice Presidents of Finance, Corporate Treasurers and Corporate Purchasing executives from a variety of industries, The Optimus Group reduces expenses by eliminating unnecessary financing costs. Clients include publicly traded and privately held businesses with revenues that range from $100 Million to over $10 Billion.

Media Contact:

Blaine Ung
Vice President, The Optimus Group
949.862.0555 x106


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Blaine Ung
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