We're thrilled to share a significant milestone in Equify Financial's journey. Our inaugural securitization, tagged EQFY 2023-1, has successfully closed with a total value of $157.991 million in large-ticket equipment notes. This monumental achievement was orchestrated in partnership with ATLAS SP Partners, who acted as the transaction's lead manager and structuring agent. This securitization manifests a robust step forward, fortifying our resolve to provide streamlined financing solutions to our esteemed clientele.
The intricacies of the securitization comprised the issuance of three distinguished classes of notes, namely Class A (AA rating), Class B (A rating), and Class C (BBB rating). These classifications received favorable ratings from DBRS Morningstar, with the senior class of notes in EQFY 2023-1 achieving an impressive AA rating. This rating mirrors the soundness and reliability of our financial ventures and amplifies the trust and confidence vested in us by our banking and economic allies.
Thomas Pai, the Head of Auto and Equipment Origination at ATLAS SP Partners, shared his optimism on this collaboration, emphasizing the pivotal role of this securitization in rendering more efficient access to financing for mid and large-ticket equipment for our clients. His sentiment resonates with our mission to continuously unlock avenues that propel the growth of our customers.
Our CEO, Justin Wilks, expressed gratitude towards our banking and financial partners for their unwavering support that significantly contributes to our success. He highlighted our senior tranche bond's AA rating as a testament to our mutual commitment to upholding our sector's financial stability and security standards.
As we revel in this achievement, our Executive Vice President, Kent Hammett, sees it as a catalyst for our aggressive growth plans. This venture delineates our financial prowess and sets a robust foundation for future securitizations.
Our General Counsel, Michael Babb, extended his heartfelt appreciation to every member of the Equify team and our external partners whose relentless efforts have made this securitization a resounding success.
This milestone is not just a reflection of our financial acumen but a testament to the strong relationships we've fostered with our partners and the ceaseless efforts of our dedicated team.
As we forge ahead, we remain steadfast in our commitment to providing unparalleled financial solutions, continually striving to exceed the expectations of our customers and stakeholders alike.