Ashurst Advises BayernLB, LBBW and ZKB on Innovative Financing for Stadler Rail Battery-Electric FLIRT Order

"Ashurst LLP advised Bayerische Landesbank (BayernLB), Landesbank Baden-Württemberg (LBBW) and Zürcher Kantonalbank (ZKB) on innovative financing for Stadler Rail to support delivery of 296 battery-electric FLIRT multiple units to a European rail operator. The structure was implemented jointly with the LHI Group."

Ashurst LLP advised Bayerische Landesbank (BayernLB) as Mandated Lead Arranger, Documentation Agent, Lender, Security Agent, Facility Agent and Green Loan Coordinator, and Landesbank Baden-Württemberg (LBBW) and Zürcher Kantonalbank (ZKB) as lenders. The firm acted as German legal counsel on the financing provided to Stadler Rail in connection with the delivery of 296 battery-electric FLIRT multiple units to a European rail operator. The innovative financing structure was implemented jointly with the LHI Group and supports the procurement and deployment of low-emission rolling stock. Ashurst LLP represented Bayerische Landesbank, Landesbank Baden-Württemberg and Zürcher Kantonalbank with a team composed by: Derk Opitz (Partner), Dr. Tobias Bürk (Associate) and Ariana Fazlic (Transaction Counsel).

Ashurst Advises BayernLB, LBBW and ZKB on Innovative Financing for Stadler Rail Battery-Electric FLIRT Order

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