{"id":2344,"date":"2017-07-21T10:22:00","date_gmt":"2017-07-21T09:22:00","guid":{"rendered":"http:\/\/beaconrail-import.topleftdesign.com\/?p=2344"},"modified":"2020-07-17T15:46:37","modified_gmt":"2020-07-17T14:46:37","slug":"beacon-rail-acquires-voyager-fleet","status":"publish","type":"post","link":"https:\/\/beaconrail-import.topleftdesign.com\/es\/2017\/07\/21\/beacon-rail-acquires-voyager-fleet\/","title":{"rendered":"Beacon Rail Acquires Voyager Fleet"},"content":{"rendered":"\n
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Beacon Rail Acquires Voyager Fleet<\/h1>\n \n \n \n \n <\/g>\n \n \n \n <\/g>\n <\/g>\n<\/svg>\n

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LONDON \/ LUXEMBOURG \u2013 Beacon Rail Leasing, a leading Pan-European rolling stock lessor, is pleased to announce that it completed the acquisition of a fleet of Bombardier Class 220 and Class 221 Voyager diesel-electric multiple units from subsidiaries of Lloyds Bank plc and the Royal Bank of Scotland plc.<\/p>\n\n\n\n

The units are currently in passenger service on the Virgin West Coast and the Arriva Cross Country Franchises. The fleet is comprised of 352 vehicles in 78 sets of 4 and 5 vehicle formations. 58 sets are operated on the Cross Country franchise and 20 sets are operated by West Coast.<\/p>\n\n\n\n

Headquartered in Luxembourg with additional offices in London and Boston, Beacon owns a diverse portfolio of freight and passenger train rolling stock. Beacon Rail\u2019s current portfolio includes 225 locomotives, over 1000 freight wagons, 55 EMU\/DMUs, 67 double decker coaches and 13 sets of five-car intercity carriages on lease in the UK, Germany, Denmark, France, Belgium, Norway, Sweden, Austria, and the Netherlands.<\/p>\n\n\n\n

Commenting on the transaction, Neil Bennett, Chief Operating Officer of Beacon, said:<\/p>\n\n\n\n

\u201cWe are very pleased with this transaction because it continues our expansion in the UK passenger train franchise market. The Bombardier Voyager trains have proven to be successful in service and this transaction has allowed us to acquire more high quality UK passenger rolling stock.\u201d<\/p>Neil Bennett<\/cite><\/blockquote>\n\n\n\n

John Turner, Head of Specialist Asset Finance at Lloyds Bank plc said: <\/p>\n\n\n\n

\u201cIt has been a pleasure to work with Beacon Rail Leasing on this transaction and we wish them all the best for the future management of this important fleet.\u201d<\/p>John Turner<\/cite><\/blockquote>\n\n\n\n

Piers Johnson, Head of Portfolio Management Specialist Asset Finance at RBS said:<\/p>\n\n\n\n

\u201cIn concluding the sale of the Voyager fleet to Beacon Rail Leasing we bring to an end 19 years association with this high quality and successful asset. We wish the new owners well for the future.\u201d<\/p>Piers Johnson<\/cite><\/blockquote>\n\n\n\n

Committed debt financing for the transaction has been provided by Credit Agricole Corporate Investment Bank and ING Bank, a branch of ING Bank Di-Ba. Allen & Overy LLP acted as legal counsel for the lenders. Berwin Leighton Paisner LLP acted as legal counsel for Beacon. Stephenson Harwood acted as legal counsel for the sellers. DC Advisory acted as advisor to the sellers.<\/p>\n\n\n\n

Press Contact:<\/strong>
About Beacon Rail Leasing
Ted Gaffney, Chief Executive Officer
+1 617 345 1650
tgaffney@beaconrail-import.topleftdesign.com<\/p>\n\n\n\n

About Beacon Rail Leasing<\/strong><\/p>\n\n\n\n

Beacon Rail Leasing is a rolling stock leasing company headquartered in Luxembourg and focused on serving the European and UK markets. Beacon Rail has an industry leading management team with rail asset management expertise and capital markets experience, enabling it to effectively meet the equipment needs of its Pan European customer base. In April 2017, Beacon Rail Leasing was acquired by institutional investors advised by J.P. Morgan Asset Management. Please visit www.beaconrail.com<\/a> for more information.<\/p>\n\n\n

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