Post Road Equipment Finance (PREF) closed an $80 million sale-leaseback transaction with a global manufacturer of precision castings. This transaction provides the manufacturer with immediate liquidity to fund critical investments in new equipment.
“This is a testament to the value of building strong, long-term customer relationships,” Wren Rex, senior managing director of PREF, said. “Two years ago, we supported this company with a $40 million sale-leaseback during a challenging market environment, providing much-needed liquidity. Now, we’re thrilled to partner with them again, structuring an $80 million solution to fuel their growth and capital investments. By working collaboratively, we developed a creative financing strategy that empowers their dynamic growth plans.”
PREF was represented by Reed Smith.
