Peacock Container, a leading global ISO tank container lessor, is pleased to announce that it has successfully increased and extended its existing sustainability-linked multi-currency debt facility, enabling the execution of its strategic plans for growth in the coming years. The debt facility was increased by c. 40% (c. $90 million), extended for a year, and the lending group strengthened.

Jesse Vermeijden, Peacock’s Group CEO comments: “This facility provides meaningful headroom to support expansion of our business. After a very busy and productive year, this amendment to our financing provides us with liquidity to support further growth in the coming years, and to continue to support our clients globally.”

Peacock is delighted to welcome Keybank N.A. (“KeyBank”) and Crédit Industriel et Commercial, Singapore Branch (“CIC”) to its group of lenders, both with a track record in funding the intermodal transport sector. This is a clear reflection of the sector’s good performance through the cycle and of Peacock’s momentum. They join Peacock’s existing lending group, which comprises ABN AMRO Bank N.V. (“ABN AMRO”), ING Bank N.V., Singapore Branch (“ING”), TIAA Bank (“TIAA”) and Clifford Capital Pte. Ltd. (“Clifford Capital”).

Charles-Hadrien Lassalle, Peacock’s CFO adds: “We are honoured to see Keybank and CIC, two very experienced lenders with track record in our space, join our lender group and provide further local support for the facility. We also appreciate the continued and active cooperation of ABN AMRO, ING, TIAA and Clifford Capital. This amendment gives us visibility for near term growth capital expenditure, while the broadened banking group paves the way for further expansion of our global platform.”