Cargo Wagon €216 million acquisition of a fleet of rail cars

10/3/2015
Acquisition finance, Asset finance, Public acquisition

€ 216 million

$ 228.204 million

Completed

10/3/2015


Overview:

  • Cargo Wagon has acquired a fleet of 12,450 standard freight wagons from ZSSK Cargo.
  • The deal sees Cargo Wagon lease back 8,218 wagons to ZSSK Cargo.
  • Cargo Wagon is a joint venture of ZSSK and AAE Wagon.
  • The deal is believed to be the first sale and leaseback of a state railway wagon fleet in Europe.
  • ING led a group of lenders in the financing of the deal.

Sam Duke - Editor

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