Iowa Northern Railway Company (a portfolio company of Trive Capital) has been acquired by CN
Client – Iowa Northern Railway Company
Short line railroad in Iowa with approximately 275 miles of track serving the upper Midwest agricultural and industrial end markets
Counterparty – CN
Transports more than 300 million tons of natural resources, manufactured products and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada’s Eastern and Western coasts with the U.S. Midwest and the Gulf of Mexico.