Leasing prices negotiated for new rolling stock orders will be 30-50% higher in today’s market than last year’s, one of Europe’s leading train financiers has warned.
Haydn Abbott, chief executive of Angel Trains International, said part of the increase was accounted for by the sale of the rolling stock leasing companies from banks to consortiums of equity investors. He said the new ownership structures created a “totally different situation” and calculated that the...
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