Greenbrier lands $1B railcar leasing deal

Greenbrier lands $1B railcar leasing deal

The Lake Oswego railcar-maker entered an alliance that calls for Mitsubishi UFJ Lease & Finance to acquire a portfolio of $1 billion in leased railcar assets.

The company announced yesterday it has cemented some $700 million in other contracts since March.

The strategy aims to help Greenbrier “reduce the amount of long term capital invested in its leasing business while driving more volume through its lease underwriting, syndication and asset management model.”

Read more at Portland Business Journal