Media Contact:
Lynn Tellefsen
Director of Marketing & Communications
Phone: 212.701.3614
Fax: 212.378.2410
ltellefsen@cahill.com

Legal News

RailAmerica, Inc. Completes $740 Million Rule 144A/Reg S Offering and Revolving Credit Facility

Date: 06/23/09

Cahill represented Citigroup Global Markets Inc. with J.P. Morgan Securities Inc., Morgan Stanley & Co. Incorporated, and Wachovia Capital Markets, LLC as Joint Book-Running Managers and Deutsche Bank Securities Inc. as Co-Manager in the $740,000,000 Rule 144A/Regulation S Offering by RailAmerica, Inc. of its 9.25% Senior Secured Notes due 2017. Proceeds will be used repay outstanding indebtedness.

Cahill also represented Citicorp North America, Inc. as Administrative Agent, Collateral Agent and Lender and JPMorgan Chase Bank, N.A., Morgan Stanley Bank, N.A. and Wachovia Bank, National Association as Lenders in connection with the $40 million senior secured revolving credit facility of RailAmerica, Inc. and RailAmerica Transportation Corp. Proceeds will be used for general working capital purposes.

Media Contact:
Lynn Tellefsen
Director of Marketing & Communications
Phone: 212.701.3614
Fax: 212.378.2410
ltellefsen@cahill.com