Brunswick Rail will use the money to expand its fleet of freight wagons which currently exceeds 22,000. The deal follows an agreement a few days ago with Novokuznetsk Car-Building Enterprise (NCBE), Russia, to design and manufacture gondola freight wagons, production of which will start next year.
Brunswick Rail secures funds for expansion
RUSSIAN rolling stock leasing company Brunswick Rail has secured a $US 250m five-year funding facility arranged by the International Finance Corporation (IFC) with the following banks: ING Bank, Raiffeisen Bank International, Société Générale, and UniCredit.
Categories: Europe, Financial, Fleet, News, Rolling stock
Tags: Brunswick Rail, Russia