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Eversholt Rail completes £600m refinancing

07 Nov 2013

UK: Rolling stock leasing company Eversholt Rail Group announced the successful completion of £600m of new senior debt financing on November 5.

CEO Mary Kenny said this provides 'valuable flexibility on competitive terms', and 'puts Eversholt Rail in a strong position to respond to future investment opportunities for both our existing fleets and in new build'.

Financing syndicated through 11 banks includes a £100m five-year term loan facility and a £500m five-year general-purpose revolving credit facility, which can be extended by up to two years.