BOCA RATON, Fla., Nov. 13, 2023 /PRNewswire/ — Amergin Asset Management (“AAM”) today announced that Amergin Rail, a portfolio company of certain funds managed by AAM, has closed on a $450 million credit facility that includes a revolving tranche to fund future railcar and portfolio acquisitions.
Deutsche Bank AG, New York Branch, acted as Administrative Agent, Syndication Agent, and a Lender; Crédit Agricole Corporate and Investment Bank (“Crédit Agricole”) acted as Documentation Agent and a Lender; Landesbank Hessen-Thüringen Girozentrale (“Helaba”) acted as Documentation Agent and a Lender; Societe Generale acted as a Lender; and Eversheds Sutherland (US) LLP acted as external borrower and Credit Facility counsel to AAM and Amergin Rail.
For additional information on AAM’s and Amergin Rail’s operating rail or other financial solutions, please visit www.amerginam.com.