February 7, 2019

Railpool closes new financing

European locomotive lessor Railpool extended existing financing at the end of December 2018, securing €800 million ($909 million) in additional funds to grow the business.

The bank financing was supplemented by European private placements with various institutional investors as new financing partners.

Railpool was supported in the financing by Crédit Agricole Corporate and Investment Bank (CA-CIB) as advisor and KfW Ipex-Bank as agent.

The private placement was implemented by CA-CIB with Generali Global Infrastructure, Schroders and three other institutional investors.

CA-CIB and KfW Ipex-Bank as core banks, which previously have supported Railpool, are participating in the bank financing as mandated lead arrangers.

ABN Amro Bank, Bank of America Merrill Lynch, DVB Bank and ING Bank are also involved as mandated lead arrangers.

CMS in Hamburg for Railpool and Clifford Chance in Frankfurt advised the banks and institutional investors in this transaction.