Press Release from 2021-01-15 / KfW IPEX-Bank

KfW IPEX-Bank arranges major financing deal for Railpool

  • Financing for investments in new rail vehicles
  • KfW IPEX-Bank is Global Coordinator and Mandated Lead Arranger
  • ABN AMRO Bank, Crédit Agricole Corporate & Investment Bank and ING Bank acting as Lead Arrangers

KfW IPEX-Bank, ABN AMRO Bank, Crédit Agricole Corporate & Investment Bank and ING Bank as core banks of Railpool are supporting investments of the railway vehicle leasing company with a large-scale financing. Together, the four banks are providing equal amounts of debt capital totalling EUR 150 million for the acquisition of new rail vehicles. The term of the financing is 7 years. While KfW IPEX-Bank is acting as Global Coordinator and Mandated Lead Arranger, ABN AMRO Bank, Crédit Agricole Corporate & Investment Bank and ING Bank are acting as Lead Arrangers in this transaction.

Railpool intends to use the funds to purchase further vehicles. With over 400 electric locomotives (and an investment volume of over EUR 1 billion), the company is one of the largest locomotive leasing providers in Europe.

"With this financing we are highlighting our position as one of the leading banks for rail transport projects in Europe," said Andreas Ufer, member of the KfW IPEX-Bank Management Board responsible for the transaction. "For us, the financing represents another milestone in our support of Railpool's growth process which began twelve years ago when the company was established with our involvement. Although we are no longer an owner, we have continued to support the company as its core bank ever since."

"We are very pleased with this financing that we have successfully implemented together with our long-standing partners. It enables us to grow further and to expand our vehicle portfolio," added Ingo Wurzer, CFO of the Railpool Group.

About Railpool
Railpool is one of the leading railway vehicle leasing providers offering real expertise for full service from a single source. The company was founded in Munich in 2008 and now operates in 16 European countries. With over 400 electric locomotives (and an investment volume of EUR 1.2 billion), Railpool is one of the largest providers in Europe. Its fleet covers 70,000,000 kilometres every year and the company has 2,700 different spare parts in stock.

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