KFW IPEX-BANK ARRANGES

MAJOR FINANCING

KfW IPEX-Bank arranges major financing deal for RAILPOOL

January 15, 2021

RAILPOOL 187 TRAXX Bombardier
  • Financing for investments in new rail vehicles
  • KfW IPEX-Bank is Global Coordinator and Mandated Lead Arranger
  • ABN AMRO Bank, Crédit Agricole Corporate & Investment Bank and ING Bank acting as Lead Arrangers

KfW IPEX-Bank, ABN AMRO Bank, Crédit Agricole Corporate & Investment Bank and ING Bank as core banks of Railpool are supporting investments of the railway vehicle leasing company with a large-scale financing. Together, the four banks are providing equal amounts of debt capital totalling EUR 150 million for the acquisition of new rail vehicles. The term of the financing is 7 years. While KfW IPEX-Bank is acting as Global Coordinator and Mandated Lead Arranger, ABN AMRO Bank, Crédit Agricole Corporate & Investment Bank and ING Bank are acting as Lead Arrangers in this transaction.

RAILPOOL intends to use the funds to purchase further vehicles. With over 400 electric locomotives (and an investment volume of over EUR 1 billion), the company is one of the largest locomotive leasing providers in Europe.

“With this financing we are highlighting our position as one of the leading banks for rail transport projects in Europe,” said Andreas Ufer, member of the KfW IPEX-Bank Management Board responsible for the transaction. “For us, the financing represents another milestone in our support of Railpool’s growth process which began twelve years ago when the company was established with our involvement. Although we are no longer an owner, we have continued to support the company as its core bank ever since.”

“We are very pleased with this financing that we have successfully implemented together with our long-standing partners. It enables us to grow further and to expand our vehicle portfolio,” added Ingo Wurzer, CFO of the RAILPOOL Group.

About RAILPOOL

RAILPOOL is one of the leading rail vehicle rental companies with genuine expertise for full service from a single source. The company was founded in Munich in 2008 and is now active in 16 European countries.
With over 400 electric locomotives and 148 passenger vehicles (with a total investment of €1.2 billion), RAILPOOL is one of the largest providers in Europe. The Railpool fleet covers 70,000,000 kilometres every year and makes an important contribution to the modal shift to rail, saving 285,600 tonnes of CO2 per year compared to freight transport by road. RAILPOOL has its own warehouse with over 78,935 items from 2,700 different spare parts and components.

RAILPOOL. Simplifies Your Transportation.

 

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E-Mail: sales@RAILPOOL.eu

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