Railcar Finance
Reflecting Vedder Price's heavy concentration in all modes of transportation finance, our attorneys have worked extensively in railcar and locomotive financings as straight-forward as single-investor operating leases and as complex as multi-tiered securitizations. Vedder Price has acted as counsel to lessees, lessors, lenders, export credit agencies and credit support providers in domestic transactions as well as cross-border transactions throughout North America, Europe and Asia. Vedder Price’s broad experience in structured equipment finance for a variety of assets enables it to take a creative, multi-discipline approach to railcar financings, bringing flexibility and innovation to traditional structures. Attorneys from the firm’s securities group work closely with attorneys from the Equipment Finance Group to develop innovative structures to address current market demands while ensuring appropriate legal treatment under ERISA and federal tax and bankruptcy codes.
Representative Railcar Finance Transactions
- Representation of lenders in a $250 million high speed railcar lease to service contract financing.
- Representation of arranger and borrower/SPV in the creation and funding of a $500,000,000 railcar lease financing structure.
- Representation of issuer and lessor in $159,000,000 public offering relating to tank cars and covered hopper cars.
- Representation of issuer and lessor in $180,000,000 144 A offering for tank cars and covered hopper cars.
- Representation of foreign equity investor in several cross-border leveraged operating lease transactions involving over $200,000,000 of railcars operated by over 30 domestic lessees.
- Representation of lessee/sublessor in $120,000,000 US leveraged lease of railcars.
- Representation of lender for over $700,000,000 French/US leveraged lease transaction for dual-cab, high horsepower electric locomotives and high speed trainsets.
- Representation of lender for $900,000,000 US leveraged lease transaction for SD70M locomotives and SD90MAC locomotives.
- Representation of lessor in two $20,000,000 single investor leases of covered hopper cars.
- Representation of lessor in $10,000 single investor lease of flatcars.
|
|
 
Show all attorneys in this practice
|
 |
|
