June 17 (Reuters) - Rail transportation network operator
RailAmerica Inc on Wednesday sold $740 million of 8-year
senior secured notes in the 144a private placement market,
said IFR, a Thomson Reuters service.

The deal's size was increased from an originally planned
$700 million.

Citigroup, JP Morgan, Morgan Stanley, and Wachovia were
the bookrunning managers for the sale.
BORROWER: RAILAMERICA INC
AMT $740 MLN* COUPON 9.25 PCT MATURITY 7/1/2017
TYPE SR SEC NTS ISS PRICE 95.923 FIRST PAY 1/1/2010
MOODY'S B1 YIELD 10.00 PCT SETTLEMENT 6/23/2009
S&P BB-MINUS SPREAD 651 BPS PAY FREQ SEMI-ANNUAL
FITCH N/A MORE THAN TREAS NON-CALLABLE 4 YEARS**
*$709.8302 MLN PROCEEDS TO ISSUER
**CALL SCHEDULE: 104.625, 102.313, 100
EQUITY CALL: 3-YR 35 PCT AT 109.25