Brief: Textainer Extends, Reprices, And Increases Revolving Credit Facility To $1.5 Bln

Textainer group

03/10/2018 14:22

Oct 3 (Reuters) - Textainer Group Holdings Ltd  TGH.N :
    * TEXTAINER EXTENDS, REPRICES, AND INCREASES REVOLVING
CREDIT
FACILITY TO $1.5 BILLION
    * TEXTAINER GROUP HOLDINGS -  TEXTAINER LTD COMPLETED
AMENDMENT TO
EXPAND REVOLVING CREDIT FACILITY FROM $700 MILLION TO $1.5
BILLION, LOWER PRICING AND EXTEND TERM FOR 5 YRS
    * TEXTAINER GROUP HOLDINGS-UNIT COMPLETED AMENDMENT TO
EXPAND
REVOLVING CREDIT FACILITY FROM $700 MILLION TO $1.5
BILLION,LOWER PRICING,EXTEND TERM FOR 5 YEARS
    * TEXTAINER GROUP HOLDINGS LTD -  TL USED PROCEEDS TO PAY
AND
TERMINATE SEPARATE $190 MILLION REVOLVER CREDIT FACILITY, AND
$332 MILLION OUTSTANDING TERM LOAN

Source text for Eikon:  ID:nBw8cf4RRa 
Further company coverage:  TGH.N 

 ((Reuters.Briefs@thomsonreuters.com;))