Cases & Deals

Financial services companies provide $140 million senior secured asset-based revolving credit facility to lessor of railroad maintenance-of-way equipment

Clients Leading financial services company

Jones Day advised financial services companies, as left lead arranger and administrative agent, in connection with a $140 million senior secured asset-based revolving credit facility provided by a syndicate of lenders to a lessor of railroad maintenance-of-way equipment to facilitate the private equity-backed acquisition of a leading lessor of railroad maintenance-of-way equipment, and its affiliates, including the affiliated rail infrastructure and track maintenance services businesses.