secwatch / observer
8-K filed November 20, 2023, 6:59 PM ET ticker GBX CIK 0000923120
debt confidence high sentiment positive materiality 0.70

GREENBRIER COMPANIES INC (GBX): debt financing — Greenbrier closes $178.5M railcar ABS; Class A notes get first 'AA' rating

GREENBRIER COMPANIES INC

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

GREENBRIER COMPANIES INC incurred senior notes of $19,600,000 of the Issuer's Secured Railcar Equipment Notes, Series 2023-1 Class B with U.S. Bank Trust Company, National Association at 7.28% maturing November 20, 2053.

Instrument
senior notes
Principal
$19,600,000 of the Issuer's Secured Railcar Equipment Notes, Series 2023-1 Class B
Counterparty
U.S. Bank Trust Company, National Association
Rate
7.28%
Maturity
November 20, 2053
Event
incurrence
Exact text from the filing
The Notes were issued pursuant to a Master Indenture, dated February 9, 2022 (the “Master Indenture”) between the Issuer and U.S. Bank Trust Company, National Association, as indenture trustee, as supplemented by a Series 2023-1 Supplement dated November 20, 2023 (“Series 2023-1 Supplement” together with the Master Indenture, the “Indenture”).
View on SEC.gov
Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

GREENBRIER COMPANIES INC incurred senior notes of $158,900,000 of the Issuer's Secured Railcar Equipment Notes, Series 2023-1 Class A with U.S. Bank Trust Company, National Association at 6.42% maturing November 20, 2053.

Instrument
senior notes
Principal
$158,900,000 of the Issuer's Secured Railcar Equipment Notes, Series 2023-1 Class A
Counterparty
U.S. Bank Trust Company, National Association
Rate
6.42%
Maturity
November 20, 2053
Event
incurrence
Exact text from the filing
On November 20, 2023, GBX Leasing 2022-1 LLC (the "Issuer"), a Delaware limited liability company and a wholly owned special purpose subsidiary of GBX Leasing, LLC ("GBXL"), a wholly-owned subsidiary of The Greenbrier Companies, Inc. ("Greenbrier") issued (i) an aggregate principal amount of $158,900,000 of the Issuer's Secured Railcar Equipment Notes, Series 2023-1 Class A (the "Class A Notes")
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

GREENBRIER COMPANIES INC entered into Series 2023-1 Supplement with U.S. Bank Trust Company, National Association valued at an aggregate principal amount of $158,900,000 of the Issuer's Secured Railcar Equipment Notes, Serie (effective 2023-11-20).

Action
entry
Agreement
notes offering
Counterparty
U.S. Bank Trust Company, National Association
Value
an aggregate principal amount of $158,900,000 of the Issuer's Secured Railcar Equipment Notes, Serie
Effective
2023-11-20
Exact text from the filing
On November 20, 2023, GBX Leasing 2022-1 LLC (the “Issuer”), a Delaware limited liability company and a wholly owned special purpose subsidiary of GBX Leasing, LLC (“GBXL”), a wholly-owned subsidiary of The Greenbrier Companies, Inc. (“Greenbrier”) issued (i) an aggregate principal amount of $158,900,000 of the Issuer’s Secured Railcar Equipment Notes, Series 2023-1 Class A (the “Class A Notes”) and (ii) an aggregate principal amount of $19,600,000 of the Issuer’s Secured Railcar Equipment Notes, Series 2023-1 Class B (the “Class B Notes”) (the Class A Notes and the Class B Notes are, collectively, the “Notes”). The Notes were issued pursuant to a Master Indenture, dated February 9, 2022 (the “Master Indenture”) between the Issuer and U.S. Bank Trust Company, National Association, as indenture trustee, as supplemented by a Series 2023-1 Supplement dated November 20, 2023
View on SEC.gov

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GREENBRIER COMPANIES INC filing history →

Source: SEC EDGAR
accession 0001193125-23-280718
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