M&A Finance
K&L Gates
Full Credential Description
K&L Gates LLP provided legal advice to Rock Rail Holdings Limited and Infracapital regarding the conclusion of an operating lease agreement for 41 new Siemens Mireo electric regional trains, as part of the Mitteldeutsche S-Bahn network project in Germany. The client faced the challenge of securing lease financing for the trains, which are essential for the operation of the MDSB 2025+ Lot 2, commissioned by public transport authorities led by the Zweckverband für den Nahverkehrsraum Leipzig. The tailored solution involved structuring the lease financing through a combination of equity from Infracapital and Rock Rail, along with debt financing sourced from various European infrastructure debt investors, arranged by MEAG. This strategic financing approach enabled Rock Rail MDSB 2 Limited to acquire the trains and lease them to Die Länderbahn GmbH DLB for a 12-year period, commencing with the timetable change in 2026/2027. As a result of this collaboration, Rock Rail and Infracapital successfully secured the necessary financing to enhance regional transport , contributing to the development of essential rail infrastructure in Germany. The project not only underscores the effective partnership between the legal team and the clients but also highlights K&L Gates' expertise in banking and asset finance within the transportation sector.