CAI International expands revolving credit agreement to $960 million

By Tali Rackner

Minneapolis, June 19 – CAI International, Inc. increased the total loan commitment under its third amended and restated revolving credit agreement to $960 million from $775 million, according to an 8-K filing with the Securities and Exchange Commission.

All other terms of the facility are unchanged.

The increase provides financing for both existing container commitments and additional investment, the company said.

CAI is a San Francisco-based intermodal marine cargo container leasing company.

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