KfW Ipex, ABN AMRO, Crédit Agricole Corporate & Investment and ING will provide the funding with a seven-year term. KfW Ipex is acting as coordinator and mandated lead arranger, while ABN AMRO, Crédit Agricole Corporate & Investment and ING are acting as lead arrangers for the transaction.
Railpool will use the funds to expand its fleet of more than 400 electric locomotives.
The Rosco was previously partially owned by KfW Ipex, which sold its shares in the company to a group of investment funds managed by Los Angeles-based Oaktree Capital Management for an undisclosed sum in May 2014.
“For us, the financing is another milestone in accompanying the growth process of Railpool, which we were involved in founding 12 years ago,” says KfW Ipex managing director, Mr Andreas Ufer. “Now no longer the owner, we have continued to accompany the company as a core bank ever since.”
