HSF Kramer Advised DAL on Joint Financing with BayernLB for Overhead Contact Line Vehicles for Plasser Robel Services to be Used by DB InfraGO
HSF Kramer Advised DAL on Joint Financing with BayernLB for Overhead Contact Line Vehicles for Plasser Robel Services to be Used by DB InfraGO
Herbert Smith Freehills Kramer has advised DAL Deutsche Anlagen-Leasing (DAL) as co-arranger and structurer alongside BayernLB on the financing of 13 CatenaryCrafter 15.4 E3 overhead contact line maintenance vehicles for Plasser Robel Services GmbH.
The platform-based hybrid vehicles from Austrian manufacturer Plasser & Theurer are designed for overhead line maintenance and will complement the existing machine pool at DB InfraGO AG to which the vehicles will be made available.
Financing is provided by BayernLB under an individual hire-purchase model. It covers a four-year construction period followed by two years of final financing. The financing meets the requirements of BayernLB's Sustainable Financing Framework.
DAL, a subsidiary of Deutsche Leasing AG, is one of the leading specialists in the implementation of large-volume, asset-based investment projects, with an annual transaction volume of more than €3.3 billion. HSF Kramer regularly advises DAL on leasing transactions and other projects in the railway sector.
The HSF Kramer team that advised DAL was led by Dr Hannes Jacobi (Partner/ Finance, Lead), Dr. Tim Abendschein (Senior Associate/ Finance) and Marc Soltau (Senior Associate/ Finance) and Florian Möller (Associate/ Finance, Frankfurt).
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