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

10/3/2015

Acquisition finance, Asset finance, Public acquisition

Value:

€ 216 million

Dollar value:

$ 228.204 million

Status:

Completed

Date:

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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