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Greenbrier Renews & Extends $850 Million of Bank Facilities

On May 21, 2025, The Greenbrier Companies, Inc., headquartered in Lake Oswego, Oregon, completed the renewal and extension of a $600 million domestic revolving credit facility and a $250 million term loan.
Greenbrier has extended the maturities of two bank credit lines—one revolving and one term loan—totaling $850 million, pushing their due dates to 2030. This follows a deliberate two-year strategy to shift towards greater non-recourse borrowing after successful Asset Backed Security issuances and paying down $180 million of recourse debt.
The company, a leading global freight transportation equipment supplier, owns approximately 16,600 railcars and maintains a strategy emphasizing healthy liquidity to manage diverse market conditions.
CEO Lorie Tekorius highlighted that updating these financial arrangements alongside the growth of Greenbrier’s Leasing platform reflects the company’s strategic focus on managing debt and allocating capital effectively.
The renewed credit arrangements offer competitive rates and conditions, with debt maturities spread out through 2030, reflecting a strategic effort to optimize shareholder value while managing financial risks.

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