HSF Kramer advises DAL on joint financing with BayernLB for overhead contact line vehicles for Plasser Robel Services to be used by DB InfraGO

Leading international law firm Herbert Smith Freehills Kramer has advised DAL Deutsche Anlagen-Leasing (DAL) as co-arranger and structurer alongside BayernLB on the financing of 13 CatenaryCrafter 15.4 E³ overhead contact line maintenance vehicles for Plasser Robel Services GmbH. 

The platform-based hybrid vehicles from Austrian manufacturer Plasser & Theurer are designed for overhead line maintenance and will complement the existing machine pool at DB InfraGO AG to which the vehicles will be made available.

Financing is provided by BayernLB under an individual hire-purchase model. It covers a four-year construction period followed by two years of final financing. The financing meets the requirements of BayernLB's Sustainable Financing Framework.

DAL, a subsidiary of Deutsche Leasing AG, is one of the leading specialists in the implementation of large-volume, asset-based investment projects, with an annual transaction volume of more than €3.3 billion.

HSF Kramer regularly advises DAL on leasing transactions and other projects in the railway sector.

The team advising DAL comprised:
Dr Hannes Jacobi (Partner, Lead), Dr. Tim Abendschein and Marc Soltau (both Senior Associates)  and Florian Möller (Associate; all Finance, Frankfurt)