Greenbrier Announces New $425 Million Leasing Term Loan

Greenbrier Announces New $425 Million Leasing Term Loan

Long-term, non-recourse financing supports continued expansion of recurring revenue

Supply Side: Greenbrier, KBS, Quality Turbo

Greenbrier Greenbrier President and CEO Lorie L. Tekorius (Greenbrier Photograph) Greenbrier on May 5 reported that subsidiary Greenbrier Leasing Company “has entered into a new $425 million term loan, with improved pricing and terms, to finance the continued growth of its lease fleet.” The new loan, it said, is “non-recourse” to Greenbrier; replaces the existing leasing term loan set to mature in August 2027; and extends the maturity to May 20…