Westport, CT – February 3, 2025 – Post Road Equipment Finance ("PREF") is proud to announce the successful closing of an $80 million sale-leaseback transaction with a leading global manufacturer of precision castings. The company specializes in highly engineered components, serving blue-chip customers across the commercial aerospace, military, and industrial gas turbine markets.
This transaction provides the manufacturer with immediate liquidity to fund critical investments in new equipment, enabling the company to meet demand driven by recently awarded customer contracts.
“This is a testament to the value of building strong, long-term customer relationships,” said Wren Rex, Senior Managing Director of Post Road Equipment Finance. “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 LLP.
About Post Road Equipment Finance
Launched in June 2017, Post Road Equipment Finance provides loans and leases ranging in size from $5 million to $100 million secured by essential-use equipment. The platform provides financing to both privately owned (sponsor and non-sponsor) and publicly traded companies across a wide range of collateral types and industries (including, but not limited to, construction, distribution, energy, food processing, health care, information technology, manufacturing, mining, paper & packaging, and transportation). To learn more, visit http://postroadef.com.