Direct ChassisLink to launch new loan deal on Tuesday morning

By Sara Rosenberg

New York, March 25 – Direct ChassisLink Inc. is scheduled to hold a bank meeting at 10 a.m. ET in New York on Tuesday to launch a new loan transaction to prospective lenders, according to a market source.

Citigroup Global Markets Inc. is the left lead arranger on the deal.

Earlier this month, the company announced that it is being acquired by Apollo Global Management LLC from EQT Infrastructure, who will retain a 20% minority stake.

Closing is expected in the second quarter, subject to customary regulatory approvals.

Direct ChassisLink is a Charlotte, N.C.-based provider of domestic and marine chassis to the intermodal supply chain.

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