
Greenbrier Companies has secured a $425 million non-recourse term loan to finance the growth of its railcar leasing fleet, replacing an existing loan maturing in 2027 and extending maturity to 2032. At closing, $300 million was drawn, with $125 million reserved for future railcar purchases in 2026. This financing supports Greenbrier's strategic focus on expanding its leasing platform to increase recurring revenue and generate tax-advantaged cash flows. The company highlights strong banking partner support as a vote of confidence in its business model and growth strategy.