Railpool, one of Europe’s leading rolling stock rental company, has secured financing totalling EUR 460 million which will support company’s further growth.
Under the existing financing platform, KfW IPEX-Bank as facility and security agent and mandated lead arranger together with Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB) as mandated lead arranger, jointly provided equal amounts of debt capital totaling EUR 400 million with a term of seven years. The banking syndicate is acting as bookrunner and underwriter.
Furthermore, and also under the existing financing platform, Railpool concluded a EUR 60 million revolving credit facility with KfW IPEX-Bank as sole lender for a term of seven years.
“For us, the large-volume financing is a recognition of our business model and our plans in Europe for the coming years. We are very pleased to secure the continuous development of our rolling stock rental business in conjunction with our full-service offering with long-term partners,” Ingo Wurzer, CFO of Railpool GmbH said.
This year, Railpool and Rheinische Bahnpersonal – und Verkehrsgesellschaft (RBP) signed full-service leasing contracts for five state-of-the-art hybrid shunting locomotives which will be delivered from Q3/2026 and will run until mid-2027. The locomotives are also equipped with the European Train Control System (ETCS) and radio remote control on delivery. The projects are being funded with up to a total of EUR 30 million as part of the “Directive for the promotion of rail vehicles with alternative drives” by the Germnay’s Federal Ministry of Digital and Transport (BMDV).
An important framework agreement has been signed in February 2024 with Siemens Siemens Mobility for the delivery of up to 250 locomotives with a firm order for 70 Vectron locomotives. This order includes the supply of 24 multisystem locomotives for use in AC and DC networks, as well as 46 AC locomotives.
In October 2023, the company awarded Vossloh Rolling Stock a contract for the supply of Modula locomotives in two versions which includes an option for 142 additional vehicles. In July, the company signed with Alstom a EUR 260 million contract for 50 Traxx Universal multi-system locomotives.
Railpool is active in 19 European countries and has a fleet of more than 600 electric and hybrid locomotives and 148 passenger vehicles for which has invested EUR 2.6 billion. The company also owns six workshops and a warehouse with more than 4,000 different spare parts and components
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