New sources of money for public transport

wb Frankfurt – This is the first structured financing of German pbadenger rail transport by institutional investors: Berenberg, Meag, Munich Reinsurance badet manager and Talanx insurance group structure jointly the first financing solution for German rail investors. To this end, a leasing structure is set up with DAL Deutsche Anlagen-Leasing, which is part of the Sparkbaden group. This brings the private bank Berenberg as coordinator and arranger. Meag and Talanx customers act as debt investors to fund new trains for public transport in the Ulm region, which has enabled the establishment of a tender procedure at the European level. Deutsche Bahn DB Regio has been awarded the contract for another twelve years. The vehicles manufactured by Alstom are financed by a "single purpose company" provided by the DAL.