RailAmerica Completes $585 Million Term Loan and Revolving Facility Amendment
Date: 03/01/12
Cahill represented Morgan Stanley as administrative agent and Morgan Stanley, Citi, Deutsche Bank and BMO Capital Markets as lead arrangers in connection with a $585,000,000 Term B loan for RailAmerica, Inc. and RailAmerica Transportation Corp. The proceeds of the loan will be used to refinance existing indebtedness and for general corporate purposes.
Cahill also represented Citi as administrative agent and lead arranger in connection with the amendment of RailAmerica’ s revolving credit facility and increase in such facility from $75,000,000 to $100,000,000.