Buss Capital GmbH has secured a $260m five-year term loan for refinancing existing debt at one of its subsidiaries.
The loan comprises a $217m tranche with a portfolio of 205,297 units of predominantly dry cargo containers serving as security and a $43m time-tranche for the future acquisition of 9,852 tank containers.
Mandated lead arranger and bookrunner ING Bank structured the non-recourse financing, while four other banks were involved.
Loan