Press Release from 2023-10-17 / KfW IPEX-Bank
KfW IPEX-Bank arranges EUR 150 million Warehouse Facility for Wascosa Group Holding
KfW IPEX-Bank supports its long-standing customer Wascosa Group Holding on its growth path: The borrower will use the EUR 150 million Warehouse Facility for purchasing additional new and used freight wagons and swap bodies.
In 2022 the Wascosa Group Holding, owned by Vauban Infrastructure and Swiss Life Asset Managers, united Aves One AG and Wascosa AG as one of the largest integrated rail platforms in Europe. The Group is active in investing, financing, and leasing rail freight wagons and swap bodies. In total, the Group owns or manages more than 21,000 wagons and 8,500 swap bodies.
With this financing KfW IPEX-Bank supports the European economy and helps to push the transition in transport from road to rail.
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