20.05.2022
Artikel Nummer: 40962
Refinancing and expansion secured
Rail vehicle lessor Railpool extended its financing arrangements in April, and secured further funds for the company's planned growth.
The new financing structure, with a total volume of around EUR 1.07 billion, consists in equal parts of the refinancing of existing loans through European private placements with various institutional investors, with maturities of 12 and 20 years, and a new credit line provided by banks to facilitate further growth.
The private placement was implemented by Crédit Agricole CIB, with six investors. In addition to Crédit Agricole CIB and KfW IPEX-Bank as core banks, eight other institutions are involved. (ben)