Refreshed Lumo C222 West Coast train revealed
As the countdown is underway to the launch of Lumo’s pioneering new West Coast open access rail service from this spring, the low-cost op...
Veröffentlicht am April 23, 2026
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Beacon Rail Leasing is pleased to announce the successful completion on the 25 June 2019 of a €1.45bn equivalent refinancing of its senior debt facilities into a new multi-creditor common terms platform.
The refinancing secured both Sterling and Euro debt, with a diverse group of international banks and institutional investors, across a range of tenors from 7 to 20 years. The financing included €350m of committed undrawn facilities. All the facilities will rank pari passu and are governed by a common terms agreement which provides significant flexibility to allow the business to continue to grow.
Commenting on the project, Keith Howard, Beacon’s chairman said
“We are delighted by the result of the refinancing which represents a significant milestone for the group. The financing platform has been created to provide operational and financial flexibility to manage the existing fleet and to continue to grow further. Securing long term drawn financing alongside undrawn committed funding at a competitive cost means we can be nimble and competitive when approaching new opportunities.“
Keith Howard
DC Advisory acted as financial advisor and Shearman and Sterling as legal adviser, to Beacon Rail Leasing on the refinancing.
The Company has grown significantly over the last 2 years, and its current portfolio includes 336 locomotives, almost 1000 freight wagons, and 550 passenger train vehicles and intercity coaches on lease across Europe with additional equipment on order.
Press contacts:
Beacon Rail Leasing
Keith Howard, Chief Executive Officer
rail@beaconrail-import.topleftdesign.com
