{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-037650","form_type":"8-K","ticker":"GBX","cik":"0000923120","company_name":"GREENBRIER COMPANIES INC","filed_at":"2026-02-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.063489+00:00","generated_at":"2026-05-16T05:12:07.320340+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Greenbrier closes $300M railcar ABS with 5.2% blended rate, AA/A ratings","bullets":["Issued $280.4M Class A notes at 5.13% and $19.6M Class B notes at 5.30% via GBX Leasing 2022-1 LLC.","Notes rated 'AA' (Class A) and 'A' (Class B) by S&P; weighted average lives of 6.7 and 7.0 years, respectively.","Includes a 2.5-year call feature; interest payable monthly, final maturity February 22, 2056.","Secured by a railcar portfolio and operating leases; non-recourse financing not guaranteed by Greenbrier.","Net proceeds used for general corporate purposes; CEO cites strong demand and favorable terms."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-037650","json":"https://secwatch.observer/filing/0001193125-26-037650.json","markdown":"https://secwatch.observer/filing/0001193125-26-037650.md","text":"https://secwatch.observer/filing/0001193125-26-037650.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/923120/000119312526037650/0001193125-26-037650-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/923120/000119312526037650/d89707d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T05:12:07.320340+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"475c85ff54d81cb86358a9263771d8b4fb9ab840","claim":"GREENBRIER COMPANIES INC incurred senior notes of aggregate principal amount of $19,575,000 of the Issuer’s Secured Railcar Equipment Notes, Series 2026-1 Class B with qualified institutional buyers at 5.30% maturing stated final maturity date of February 22, 2056.","evidence_excerpt":"On February 4, 2026, 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 Delaware limited liability company and a wholly-owned subsidiary of The Greenbrier Companies, Inc. (“Greenbrier”) issued (i) an aggregate principal amount of $280,425,000 of the Issuer’s Secured Railcar Equipment Notes, Series 2026-1 Class A (the “Class A Notes”) and (ii) an aggregate principal amount of $19,575,000 of the Issuer’s Secured Railcar Equipment Notes, Series 2026-1 Class B (the “Class B Notes”) (the Class A Notes and the Class B Notes are, collectively, the “Notes”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/923120/000119312526037650/0001193125-26-037650-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"aggregate principal amount of $19,575,000 of the Issuer’s Secured Railcar Equipment Notes, Series 2026-1 Class B"},{"label":"Counterparty","value":"qualified institutional buyers"},{"label":"Rate","value":"5.30%"},{"label":"Maturity","value":"stated final maturity date of February 22, 2056"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"bbf51af9d8decb57fc6c1ce1abfeb0cbd16af76d","claim":"GREENBRIER COMPANIES INC incurred senior notes of aggregate principal amount of $280,425,000 of the Issuer’s Secured Railcar Equipment Notes, Series 2026-1 Class A with qualified institutional buyers at 5.13% maturing stated final maturity date of February 22, 2056.","evidence_excerpt":"On February 4, 2026, 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 Delaware limited liability company and a wholly-owned subsidiary of The Greenbrier Companies, Inc. (“Greenbrier”) issued (i) an aggregate principal amount of $280,425,000 of the Issuer’s Secured Railcar Equipment Notes, Series 2026-1 Class A (the “Class A Notes”) and (ii) an aggregate principal amount of $19,575,000 of the Issuer’s Secured Railcar Equipment Notes, Series 2026-1 Class B (the “Class B Notes”) (the Class A Notes and the Class B Notes are, collectively, the “Notes”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/923120/000119312526037650/0001193125-26-037650-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"aggregate principal amount of $280,425,000 of the Issuer’s Secured Railcar Equipment Notes, Series 2026-1 Class A"},{"label":"Counterparty","value":"qualified institutional buyers"},{"label":"Rate","value":"5.13%"},{"label":"Maturity","value":"stated final maturity date of February 22, 2056"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"11c2e20f3c510567122068c924652689f27fe67f","claim":"GREENBRIER COMPANIES INC entered into Series 2026-1 Supplement with U.S. Bank Trust Company, National Association valued at an aggregate principal amount of $280,425,000 of the Issuer’s Secured Railcar Equipment Notes, Serie (effective 2026-02-04).","evidence_excerpt":"On February 4, 2026, 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 Delaware limited liability company and a wholly-owned subsidiary of The Greenbrier Companies, Inc. (“Greenbrier”) issued (i) an aggregate principal amount of $280,425,000 of the Issuer’s Secured Railcar Equipment Notes, Series 2026-1 Class A (the “Class A Notes”) and (ii) an aggregate principal amount of $19,575,000 of the Issuer’s Secured Railcar Equipment Notes, Series 2026-1 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 2026-1 Supplement dated February 4, 2026 (“Series 2026-1 Supplement” together with the Master Indenture, the “Indentur","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/923120/000119312526037650/0001193125-26-037650-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Value","value":"an aggregate principal amount of $280,425,000 of the Issuer’s Secured Railcar Equipment Notes, Serie"},{"label":"Effective","value":"2026-02-04"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}