Ashurst advises BayernLB, LBBW and ZKB on innovative financing for Stadler

Ashurst LLP has advised Bayerische Landesbank as Mandated Lead Arranger, Documentation Agent, Lender, Security Agent, Facility Agent and Green Loan Coordinator, as well as Landesbank Baden-Württemberg and Zürcher Kantonalbank as Lenders, on the financing for Stadler Rail in connection with the delivery of 296 battery-electric FLIRT multiple units to a European rail operator. The innovative financing structure was implemented jointly with the LHI Group.

Ashurst acted as German legal counsel with Derk Opitz (Partner), Dr. Tobias Bürk (Associate) and Ariana Fazlic (Transaction Counsel).