WL Ross makes strategic investment in Greenbrier
Clients WL Ross & Co. LLC
Jones Day advised WL Ross & Co. LLC in its strategic investment in The Greenbrier Companies, a leading international supplier of transportation equipment and services to the railroad industry. As part of this investment, WL Ross has funded a flexible three-year term loan and will also receive warrants to purchase 3.38 million common shares of Greenbrier, or a 16.5 percent stake, at $6 each. The WL Ross loan, which contains no financial covenants, will mature in June 2012.