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ASSET REFINANCING – RAIL DIVISION

Touax has successfully refinanced the Railcar division for a total of EUR 180 million.

Touax has successfully refinanced the Railcar division for a total of EUR 180 million.

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ASSET REFINANCING - TOUAX CONTAINERS

Touax has successfully refinanced asset-backed facilities of its Container division for a total of US$ 75 million, with a two-year maturity.

Touax has successfully refinanced asset-backed facilities of its Container division for a total of US$ 75 million, with a two-year maturity. This line can be scaled up to US$ 85 million, to support growth.

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SUBORDINATED BOND REPURCHASE

Touax SCA has successfully purchased back part of the Undated Deeply Subordinated Bond issued in 2013 and 2014, for a nominal amount of 24.2 million euros.

Touax SCA has successfully purchased back part of the Undated Deeply Subordinated Bond issued in 2013 and 2014, for a nominal amount of 24.2 million euros.

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NEW CONTAINERS' INVESTMENT

Touax Container has inked new Long-Term Lease commitments with 3 of the major Asian and European ocean carriers to supply around 5 000 X 40’High Cube dry containers within end of Q4 2020 and Q1 2021 from Shanghai and Ningbo.

Touax Container has inked new Long-Term Lease commitments with 3 of the major Asian and European ocean carriers to supply around 5 000 X 40’High Cube dry containers within end of Q4 2020 and Q1 2021 from Shanghai and Ningbo. Read more