Watson Farley & Williams (“WFW”) advised Wascosa Group Holding (“Wascosa”) on a further €300m increase of its existing capex facilities under its financing platform.
This transaction represents another important milestone in the group’s growth trajectory and emphasises its strong and resilient business model. The newly increased capex facility will be used to continue expanding Wascosa’s well-diversified and young wagon portfolio, enabling the Group to continue supporting its customers’ needs and contributing to the modal shift from road to rail.
Wascosa is one of Europe’s leading providers of freight wagons and logistics solutions for the rail freight sector. It operates an extensive fleet of modern rail freight wagons and offers tailor‑made logistics and leasing solutions for customers across the European transport and industrial sectors.
The WFW Frankfurt Transport team that advised Wascosa was led by Asset & Structured Finance Partner Frederik Lorenzen, supported by Counsel Andrey Latyshev and Associates Müyesser Demirel and Leon Rupp.
Benjamin Mehran, Chief Investment Officer, Wascosa, commented: “The successful completion of the third extension on our financing platform confirms the strong confidence into our business model and long-term strategy. It demonstrates that consistency and a resilient platform continue to be recognised. We remain fully focussed on executing our growth strategy and on creating long-term value together with our partners for our customers”.
Frederik commented: “We are delighted to have advised Wascosa on this important financing transaction. The transaction underscores our experience in advising on complex, high-value financing in the transport and infrastructure sector”.
