Macquarie participated in the refinancing of the second lien term loan for Direct ChassisLink
03 Nov 2013
Macquarie participated in the refinancing of the second lien term loan for Direct ChassisLink, the third largest owner of marine chassis in the United States. Direct ChassisLink makes marine chassis available to customers through rental agreements at port and rail terminals across the US.
The primary debt issuance was structured as a six year second lien term loan facility. Macquarie is among the largest lenders in the syndicate and provided early guidance as to appetite for position size, assisting sponsor Littlejohn & Co. with the process of building a debt syndicate.