RailAmerica Refinances Outstanding Debt With $740 million Offering

Skadden is representing RailAmerica, Inc., the largest owner and operator of short-line and regional freight railroads in North America and a portfolio company of Fortress, in connection with the refinancing of its entire outstanding debt, announced on June 17, with a $740 million 144A Senior Secured Notes offering and a $60 million Asset Based Loan Facility.