Dr. Marcus Kleiner
HAMBURG/KIEL HSH Nordbank is participating in the refinancing of Beacon Rail Finance (Europe) with EUR 42.5 million. Beacon Rail Finance (Europe) is one of the leading leasing companies for rolling stock with around 200 locomotives, 950 freight wagons and 20 passenger train units. The total funding volume is EUR 630 million. HSH Nordbank joins the other finance providers ING DiBa, BAML, DVB, Deutsche Bank, Barclays and ABN AMRO.
Since its establishment in 2007, Beacon has been operating successfully in the heavy mainline diesel locomotives niche segment. Last year, private equity investor Pamplona Capital Management acquired Beacon from BTMU Capital Corporation.This transaction enables Beacon to expand its portfolio strategically, thereby strengthening its market position further.
The pooling of Beacon’s rolling stock portfolios in the UK and continental Europe
moreover allows the company to simplify its management and finance structures.
“By financing this established market player with marked growth potential, HSH Nordbank
is strengthening its position as a competent and recognised finance provider in the European rail sector”, said Dr. Marcus Kleiner, Head of Infrastructure & Rail at HSH Nordbank.
