Brunswick Rail replaces leaseback facility

Brunswick Rail has agreed a rouble sale and leaseback arrangement with SpetsTransServis.

RUSSIA: Wagon leasing company Brunswick Rail has agreed a rouble sale and leaseback arrangement with SpetsTransServis to replace a previous leaseback facility with Alfa-Leasing. Announcing the change on June 2, Brunswick Rail said the arrangement offered more attractive terms which would reduce its interest payments and increase its unencumbered fleet.

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