Wilbur Ross’s VTG has sold bonds and loans worth €930 million, Bloomberg reports. The rail car operator sold €450 million and €27.52 million of seven, 10, 12 and 15-year notes through a U.S. private placement.

The bond sale was managed by Deutsche Bank and Bank of America Merrill Lynch. VTG also got €450 million of syndicated loans, comprising €100 million of term loans and €350 million of revolving credit. The five-year loans were arranged by Commerzbank, Deutsche Bank and UniCredit.

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