Interpool adds lender, ups total revolver commitments to $1.18 billion

By Susanna Moon

Chicago, Nov. 26 – TRAC Intermodal LLC subsidiary Interpool, Inc., doing business as TRAC Intermodal, lifted total revolving commitments by $146 million to $1,176,000,000, according to an 8-K filing with the Securities and Exchange Commission.

The company entered into an incremental facility amendment Tuesday to its asset-backed credit agreement dated Aug. 9, 2012 with JPMorgan Chase Bank, NA as administrative agent.

The increase also adds $75 million of commitments from a new lender, ING Bank NV.

TRAC is a Princeton, N.J.-based provider of marine and domestic chassis.

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