VIENNA (dpa-AFX) - The Greenbrier Companies Inc. (GBX) announced it has entered an alliance with Mitsubishi UFJ Lease & Finance (MTU) through its subsidiary Greenbrier Leasing Company. Mitsubishi UFJ Lease & Finance plans to acquire a portfolio of about $1 billion in leased railcar assets, both new and used, through the alliance with Greenbrier over a multi-year period.
Mitsubishi has already commenced its acquisition activities and is expected to have secured in excess of $100 million in railcars by August 31, 2014. Greenbrier will provide equipment management services for these railcar assets.
Copyright RTT News/dpa-AFX
© 2014 AFX News
