Saint-Ouen-sur-Seine, April 2021
- Akiem completes € 290 million Private Placement reducing overall funding costs and extending its maturities
- Akiem reinforces its capacity to fund new and innovative rolling stock projects
- The Green Financing Framework supports Akiem’s strategy and the transition to a low carbon economy
Akiem’s Green Finance Framework demonstrates its commitment to sustainable growth and transition to a low carbon economy. The Green Finance Framework aligns with the 2018 Green Bond and 2020 Green Loan Principles and is externally reviewed by Sustainalytics.
ING acted as Green & Rating Advisor and Sole Placement Agent to Akiem Group.
Since 2008 Akiem Group has grown into the leading locomotive leasing company in Continental Europe. This successful transaction will strengthen Akiem’s financing, diversify and extend its debt maturity as well as contribue to its continuing development in rolling stock leasing and related service activities.
The notes have not been and will not be registered under the Securities Act of 1933, as amended, or the securities laws of any other jurisdiction, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
We are very proud to close this financing transaction one year after the acquisition of Macquarie European Rail’s Rolling Stock leasing business. This is another milestone in Akiem Group’s development. ING and its team have accompanied us throughout the process with professionalism and great agility. We are pleased with the financial terms of this transaction as well as its fast implementation during such a difficult time. The Green Financing Framework demonstrates Akiem’s active role and its commitment to the transition to a low-carbon economy. Our flexible financing platform create a long-term base that will provide the means to develop even further our Group for the benefit of our customers throughout Europe.