News
18 October 2019

Patriot Rail & Ports prices term loan B

In:
Infrastructure, Transport
Region:
Americas
By Sean Keating

US freight railroad operator Patriot Rail & Ports – currently the subject of acquisition by First State Investments (FSI) from SteelRiver Infrastructure Partners – has priced a $285 million seven-year term loan B, led by RBC and Barclays, at 525bp over Libor and a discount of 98...

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