Some €1.9 billion is being put forward
to finance the acquisition of UK rolling stock lessor Porterbrook
by a consortium of investors, it was announced on October 30.

The financing arrangement has been assembled by a team of banks
including Abbey UK Corporate Banking, Commonwealth Bank of
Australia, Sumitomo Mitsui Banking Corporation, BNP Paribas,
Calyon, Dexia, Lloyds TSB and Barclays Capital.

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It is anticipated that the facility will be awarded a BBB rating
from Standard and Poor’s.

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