UK ROSCO Angel Trains Group
(Angel) has completed its long-term debt refinancing programme
through its subsidiary The Great Rolling Stock Company.
The last part of the group’s
debt rescheduling concluded with a loan agreement, including a
five-year £450m (€510m) facility and a £400m seven-year
facility.
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The proceeds from the latest
issuance will refinance the senior bank debt and will provide Angel
with a stable financial platform.
A group of nine international banks – BNP Paribas,
Commonwealth Bank of Australia, Export Development Canada, ING,
Lloyds Bank Corporate Markets, RBC Capital Markets, The Royal Bank
of Scotland, Sumitomo Mitsui Banking Corporation Group and Westpac
– provided the two loan facilities for Angel.
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