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ASSET REFINANCING – RAIL DIVISION

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

Financing is approved by Credit Agricole CIB (Documentation Agent), Landesbank Hessen-Theringen Girozentrale (Facility Agent and Security Trustee) and ING bank (Green Advisor).

This transaction coupled with the Touax Rail Limited's capital increase previously with DIF Capital Partners, will support the development of its long-term freight railcar leasing business in Europe.