TOUAX signs a new Green Loan to finance its Freight Railcars division

Core Points - TOUAX has secured a €163 million Green Loan to finance its Freight Railcars division, reinforcing its commitment to sustainable transportation [1] - The company has also obtained a €50 million financing from the European Investment Bank (EIB) with an option to increase by €30 million, extending the maturity of the debt to 7 years [2] - This financing will provide stability for the Freight Railcars division, allowing for the refinancing of existing assets and funding of new projects [3] - TOUAX Rail plays a significant role in sustainable transport in Europe, focusing on low-carbon transportation solutions as part of its ESG roadmap [4] - The financing was arranged by several banks, including Crédit Agricole CIB and ING Bank, with legal advice from Norton Rose Fulbright and McCann FitzGerald [5] - TOUAX manages €1.2 billion in assets and is a leading player in the leasing of freight railcars, river barges, and containers in Europe [6]