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TAL Advantage increases asset-backed facility to $295 million
By Sara Rosenberg
New York, April 27 - TAL Advantage III LLC increased the size of its asset-backed credit facility to $295 million from $245 million, according to an 8-K filed with the Securities and Exchange Commission on Tuesday.
The upsizing was completed on April 23.
TAL Advantage is an indirect wholly owned subsidiary of TAL International Group Inc., a Purchase, N.Y.-based acquirer, leaser and seller of intermodal equipment and chassis.
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