CAI International, the world’s sixth biggest container lessor by fleet size, has entered into a US$85M senior credit facility to facilitate its diversification into the rail car leasing business.
“This is our first credit facility for the acquisition of rail cars and we are very pleased with the support we have received from our lenders and the confidence they have shown us by supporting our efforts in growing our rail business,” said Victor Garcia, CEO of CAI.
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This complete item is approximately 300 words in length, and appeared in the June 2012 issue of WorldCargo News, on page 20. To access this issue download the PDF here.
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