![Watco will receive proceeds from a new Series E perpetual preferred equity security, allowing the transportation company to “refinance part of its capital structure, while also providing additional capital to support [its] ongoing customer growth initiatives and fund future acquisition opportunities.”](https://www.railwayage.com/wp-content/uploads/2021/07/WatcoForbes-2-315x168.jpg)
For Watco, New Investment Partner
Pittsburg, Kans.-based Watco—an owner and operator of short lines, terminals, ports and mechanical shops—has entered into a strategic equity relationship with a global investment management firm.
Oaktree Transportation Infrastructure Fund