News

Porterbrook raises £363m to fund MU orders

By and Chris Jackson1998-06-01T10:00:00

BRITISH rolling stock company Porterbrook Leasing has put together a package to fund over 400 new vehicles. It includes a £273m securitisation arranged by Union Bank of Switzerland and a £90m corporate facility from UBS and Royal Bank of Scotland. The European Investment Bank is lending £110m (Ecu170m), and the ...

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