GREENWICH, Conn.--(BUSINESS WIRE)--Oct. 1, 2012--
Genesee & Wyoming Inc. (GWI) (NYSE: GWR) announced today that it has
completed the acquisition of RailAmerica, Inc. (RailAmerica) and entered
into a new five-year Senior Secured Credit Facility comprised of a
$1.875 billion term loan and $425 million revolving credit facility.
Immediately following the closing of the acquisition, control of
RailAmerica was placed into a voting trust with R. Lawrence McCaffrey
appointed as trustee. The trust will remain in effect until the U.S.
Surface Transportation Board (STB) issues its decision on GWI’s
application to control Ra...
More...
Genesee & Wyoming Inc. (GWI) (NYSE: GWR) announced today that it has
completed the acquisition of RailAmerica, Inc. (RailAmerica) and entered
into a new five-year Senior Secured Credit Facility comprised of a
$1.875 billion term loan and $425 million revolving credit facility.
Immediately following the closing of the acquisition, control of
RailAmerica was placed into a voting trust with R. Lawrence McCaffrey
appointed as trustee. The trust will remain in effect until the U.S.
Surface Transportation Board (STB) issues its decision on GWI’s
application to control Ra...
More...
