TAL Advantage lifts warehouse facility credit limit to $750 million

By Susanna Moon

Chicago, Jan. 21 – TAL International Group, Inc.’s indirect wholly owned subsidiary TAL Advantage III LLC increased the credit limit on its asset-backed warehouse credit facility on Wednesday by $100 million to $750 million, according to an 8-K filing with the Securities and Exchange Commission.

All other terms and conditions of the facility remain unchanged, the filing noted.

TAL Advantage is an indirect wholly owned subsidiary of Purchase, N.Y.-based TAL International Group, Inc., which leases intermodal containers and chassis.

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