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Carter Ledyard Client CRX Intermodal Bermuda Ltd. Completes Renewal and Extension to Upsize Facility

March 19, 2021/less than a minute

On March 19, 2021, Carter Ledyard client CRX Intermodal Bermuda Ltd. completed a renewal and extension of its existing revolving warehouse credit facility, upsizing the facility from $547 million to $977 million. ING Bank N.V. served as Mandated Lead Arranger, Physical Bookrunner and Documentation Agent for the transaction. It also remains as Collateral and Administrative Agent for the facility.

CRX Intermodal Bermuda Ltd. is an affiliate of Seaco SRL, one of the world’s leading marine container leasing companies, and was represented by Carter Ledyard lawyers James Gadsden and Brielle E. Kilmartin. Steven Paul McSloy, Andris Vizbaras, Aaron Cahn, Patricia Matzye and Richard Pierson also assisted with the transaction.

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  • James Gadsden Feature

    James Gadsden

    /

    Partner

    D/212-238-8607
    gadsden@clm.com
  • Brielle Kilmartin Feature

    Brielle E. Kilmartin

    /

    Associate

    D/212-238-8652
    kilmartin@clm.com
  • Steven McSloy Feature

    Steven Paul McSloy

    /

    Partner

    D/212-238-8794
    mcsloy@clm.com
  • Media item displaying Andris J. Vizbaras

    Andris J. Vizbaras

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    Partner

    D/212-238-8698
    vizbaras@clm.com
  • Media item displaying Aaron R. Cahn

    Aaron R. Cahn

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    Counsel

    D/212-238-8629
    cahn@clm.com
  • Richard G. Pierson

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    Partner

    D/212-238-8872
    pierson@clm.com
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