NS Groep €300 million Next Generation Sprinter trains financing

20/12/2015

Asset finance, Financing

Value:

€ 300 million

Dollar value:

$ 316.091 million

Status:

Completed

Date:

20/12/2015

Overview:

NS Groep, the Dutch railways company, has taken out €300 million in order to finance the acquisition of Next Generation Sprinter trains.
The European Investment Bank (EIB) acted as lender.
The funds will be used to finance the acquisition of 118 new trains to replace the existing obsolete rolling stock for commuter and regional services in the Netherlands.

Sam Duke - Editor

Jurisdiction:

Netherlands

Deal types:

Asset finance
Financing

Practice area:

Banking

Industry sector:

Transport

Firm:

De Brauw Blackstone Westbroek

Party: NS Groep (Borrower)

Related deals