#United States #logistics #Lake Oswego #Greenbrier Companies #Railcar Services

Greenbrier Companies Secures $850 Million in Bank Facilities

The Greenbrier Companies, Inc. (NYSE: GBX), a prominent name in the global freight transportation industry, recently made headlines with the renewal and extension of two key bank facilities, amounting to $850 million. This strategic move, announced on May 27, 2025, strengthens Greenbrier’s financial footing and positions the company for continued growth in the coming years.

Details of the Arrangement

The renewed facilities include a $600 million domestic revolving credit line and a $250 million term loan. Both instruments have been extended by five years, now maturing in 2030, ensuring that Greenbrier retains access to necessary financial resources while maintaining favorable terms and pricing. This extension of debt maturities serves to stagger the company’s long-term debt obligations, with significant debt due primarily in 2027, which helps in managing the overall fiscal health of the company.

Lorie Tekorius, CEO and President of Greenbrier, commented on the renewal, stating, "This renewal and extension of our banking facilities and the ongoing تطوير of our Leasing platform reflect Greenbrier's intentional approach to managing debt and deploying capital. Over the last two years, we have strategically realigned our debt composition to favor non-recourse borrowing options, buttressing our financial strategy with two successful Asset-Backed Security offerings in 2022 and 2023."

A Focus on Shareholder Returns

Greenbrier’s commitment to maximizing shareholder returns is evident in their balanced approach to capital. The company has strategically repaid $180 million in recourse debt, consequently reducing unnecessary financial strain and providing a robust foundation for future investments. Tekorius acknowledges the importance of a strong liquidity position, noting that it is essential not just for Greenbrier’s operational needs, but also for capitalizing on opportunities when market conditions are favorable.

"A healthy liquidity position is critical to any operational business and is the cornerstone of Greenbrier's strategy to navigate various market conditions while acting opportunistically, especially during periods of market strength," added Tekorius.

About Greenbrier

Founded in 1981 and headquartered in Lake Oswego, Oregon, Greenbrier is a leading international player in freight transportation, specializing in designing, manufacturing, and marketing freight railcars across North America, Europe, and Brazil. The company does not only produce railcars; it also provides a comprehensive suite of services including parts, maintenance, retrofitting, and railcar management services.

Owning a lease fleet of approximately 16,600 railcars, Greenbrier is prominently established in the market, ensuring compliance with regulatory standards while also offering leasing services to various railroads and railcar owners. More information about Greenbrier and its offerings can be found at www.gbrx.com.

Looking Ahead

Greenbrier’s recent financial maneuvers mark a pivotal moment for the company as it seeks to enhance its position in the ever-evolving freight transportation landscape. By securing these bank facilities, Greenbrier not only ensures its capability to operate effectively in different market environments but also sets a proactive tone for future development and expansion strategies. As the landscape of global transportation continues to evolve, Greenbrier appears well-prepared to capitalize on emerging opportunities, ensuring sustainable growth and innovation in the industry.

In summary, this renewal of banking facilities not only provides immediate liquidity but also reflects Greenbrier's strategic foresight and commitment to long-term success, ensuring they remain a formidable player within the freight transportation sector.