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Greenbrier Renews, Extends $850 Million Bank Facilities
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Greenbrier Renews, Extends $850 Million Bank Facilities
May 27, 2025 2:36 PM

05:06 PM EDT, 05/27/2025 (MT Newswires) -- Greenbrier (GBX) said late Tuesday it renewed and extended two bank facilities totaling $850 million.

The company renewed its $600 million domestic revolving credit facility and a $250 million term loan, both with favorable pricing and terms, extending their maturities by five years to 2030.

After the refinancing, the company has staggered its long-term debt maturities through 2030, with the next major debt payment due in 2027, Greenbrier said.

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