Iowa Northern Railway Company has sold an equity interest to The Andersons
Client – Iowa Northern Railway Company
Operates a 163-mile Class III (short-line) railroad that runs diagonally through Iowa from northwest to southeast from Manly to Cedar Rapids and a branch line from Waterloo to Oelwein.
Counterparty – The Andersons
Diversified company with interests in the grain, ethanol and plant nutrient sectors of U.S. agriculture, as well as in railcar leasing and repair, turf products production and general merchandise retailing.