Deal Announcement

DC Advisory advised a consortium led by Rock Rail and SL Capital on the £600m financing of new Stadler trains for the Abellio East Anglia franchise

01 Oct 2016

Abellio was recently awarded the new nine year East Anglia rail franchise (that starts on Sunday 16th October) by the Department for Transport

DC Advisory (DC) was mandated to provide debt advice to the consortium

DC supported Rock throughout the process and through the volatile market conditions post Brexit

DC ran a focused process engaging across a number of detailed work streams in working with a group of long-dated institutional funders to achieve an optimal financing outcome, as well as leading the overall execution protocol

DC delivered a highly attractive debt package which was a fundamental element in ensuring the consortium was selected as the preferred bidder, including a fully documented, certain funds package to allow the closing of the transaction on 4th October 2016

A fully underwritten senior financing package with competitive infrastructure terms and pricing was signed with a group of five institutional investors; Aviva Investors, Legal & General, Standard Life, Barings Asset Management and SunLife

Deal Team

Neale Marvin

Managing Director
United Kingdom

Sergio Ronga

Managing Director
United Kingdom