Motorcoach

N.C. firm to invest $10M in All Aboard America!

Posted on July 17, 2012

Raleigh, N.C.-based business lender Triangle Capital Corp. invested $10 million in motorcoach operator All Aboard America! Holdings Inc.

The investment consists of subordinated debt and equity, according to a news release issued by Triangle Capital.

All Aboard provides commuter, charter, sightseeing and scheduled route services in both the southwestern and southern U.S.

TCAP last month restated its intention to offer up to $500 million in common and preferred stock or debt securities to investors in the coming months.

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