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Greenbrier Announces New $425 Million Leasing Term Loan

  • Greenbrier Leasing Company secured a new $425 million non-recourse term loan with improved pricing & terms to finance lease fleet growth.
  • The loan replaces an existing term loan maturing in August 2027 & extends maturity to May 2032.
  • $300 million of the loan was drawn at closing.
  • Greenbrier plans to use $125 million in delayed draw commitments to purchase railcars in the secondary market during fiscal 2026.
  • CEO Lorie Tekorius stated the financing supports strategic priorities to increase recurring revenue & generate tax-advantaged cash flows.
  • Greenbrier currently owns a lease fleet of approximately 16,800 railcars & operates as a leading supplier of freight railcar equipment & services in North America, Europe, & Brazil.