BOCA
RATON, Fla., Nov. 13,
2023 /PRNewswire/ -- Amergin Asset Management ("AAM")
today announced that Amergin Rail, a portfolio company of certain
funds managed by AAM, has closed on a $450 million credit facility that includes a
revolving tranche to fund future railcar and portfolio
acquisitions.
Deutsche Bank AG, New York
Branch, acted as Administrative Agent, Syndication Agent, and a
Lender; Crédit Agricole Corporate and Investment Bank ("Crédit
Agricole") acted as Documentation Agent and a Lender; Landesbank
Hessen-Thüringen Girozentrale ("Helaba") acted as Documentation
Agent and a Lender; Societe Generale acted as a Lender; and
Eversheds Sutherland (US) LLP acted as external borrower and Credit
Facility counsel to AAM and Amergin Rail.
For additional information on AAM's and Amergin Rail's operating
rail or other financial solutions, please visit
www.amerginam.com.
About Amergin Asset Management
Amergin Asset Management (AAM) is a Registered Investment
Advisor and specialized private fund manager focused on investing
in transportation and other equipment assets. AAM's founding
investors are certain business development companies managed by
affiliates of Blue Owl Capital Inc. (NYSE: OWL), an
industry-leading investment manager. AAM has a seasoned management
team that has worked together in several predecessor companies
through many business cycles and is dedicated to providing
attractive returns for investors and quality asset management to
our lessees.
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SOURCE Amergin Asset Management