Alpha Trains Group €1.25 billion refinancing

Overview:

• Alpha Trains Group has taken out €1.25 billion in new financing from a syndicate of lenders to refinance its debt.
• BNP Paribas Trust Corporation acted as bond trustee and Crédit Agricole Corporate and Investment Bank acted as agent.
• Alongside this financing, Alpha Trains issued €350 million of public bonds, raised €525 million of secured bank financing, and issued €250 million in a private placement.
• Alpha Trains is a European train leasing company which provides rolling stock to companies. 

Rani Mehta - Journalist