PRESS RELEASE Paris, October 31, 2023 - 5.45 pm
YOUR OPERATIONAL LEASING SOLUTION FOR SUSTAINABLE TRANSPORTATION
Touax Rail reloads its Capex line and transforms its whole financing arrangement
into Green Loans
TOUAX announces the implementation of a new revolving facility of EUR40 million
for a period of two years, with an option to increase by a further EUR20 million.
At the same time, all tranches of Touax Rail's first secured facility agreement
have been qualified as Green Loans thanks to a Green Finance Framework
implemented at group level.
Touax Rail is at the heart of sustainable transport in Europe and the Touax
Group is driving its ESG roadmap in 2023 and beyond. Three-quarters of the TOUAX
group's financing (around 76%) now contains an ESG label, thereby contributing
to environmental protection by providing a low-carbon way of transportation and
a high standard of compliance with best social and governance practices.
With this increased new facility, Touax Rail is well positioned to take
advantage of new investment opportunities.
The arranging banks are Crédit Agricole CIB (Documentation Agent), Landesbank
Hessen-Thüringen Girozentrale (Facility Agent and Security Trustee) and ING
Bank, branch of ING DiBa AG (Green Advisor). TOUAX was advised by Stephenson
Harwood and McCann FitzGerald and the lenders by Clifford Chance.
UPCOMING DATES
* 14 November 2023: Revenue for the 3(rd) quarter 2023
* 21 March 2024: Press Release on 2023 annual results (French /
English)
* 21 March 2024: Presentation of 2023 annual results in Paris (in
French)
* 22 March 2024: Presentation of 2023 annual results (video
conference in English)
The TOUAX Group leases tangible assets (freight railcars, river barges and
containers) every day throughout the world on its own behalf and on behalf of
investors. With EUR1.2 billion under management, TOUAX is one of Europe's leading
leasing companies for this type of equipment.
TOUAX is listed in Paris on EURONEXT Compartment C (ISIN Code FR0000033003) and
is included in the CAC® Small CAC® Mid & Small and EnterNext©PEA-PME 150
indices.
For more information: www.touax.com
Your contacts :
TOUAX SEITOSEI ? ACTIFIN
Fabrice & Raphaël WALEWSKI Ghislaine Gasparetto
touax@touax.com ggasparetto@actifin.fr
www.touax.com Tel : +33 1 56 88 11 22 +33 1 46 96 18 00
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