CLOSE
What are you looking for?
20.10.2020
FINANCING INVESTMENTS IN NEW FREIGHT CARS FOR MFD RAIL

KFW-Bank IPEX and Oaktree, together with the management team of MFD Rail, is financing the development of a freight car portfolio for the Swiss start-up.

KfW IPEX-Bank is actively involved in the area of intermodal freight transport and is financing the development of a freight car portfolio for the recently formed company MFD Rail, a new European platform for leasing freight cars for combined freight transport. The financing comprises a facility totalling EUR 105 million plus an additional accordion facility of up to EUR 100 million.

Intermodal freight transport is a dynamically growing segment of rail freight transport in Europe. By linking different means of transport with rail, the flow of goods can be managed cost-effectively and, above all, with minimum environmental impact. Intermodal freight transport has proven to be a viable alternative to road freight transport over long distances, and market shares are rising steadily. MFD Rail supports the European Rail Freight Vision 2030 of the Rail Freight Forward Initiative, which sets a target of increasing rail transport in European freight transport to 30 per cent by 2030 (from its current level of around 18 per cent). By opting for rail transport along the main route, CO2 emissions can be significantly reduced: rail freight transport generates six times less carbon dioxide per transported tonne and kilometre than trucks.

Oaktree, together with the management team, is investing in the newly formed Swiss company with the aim of turning MFD Rail into one of the leading intermodal rail car leasing companies in Europe over the next few years.

We have supported the founders of MFD Rail from the outset and are very pleased to be able to play a leading role in this financing through our early support,” explains Andreas Ufer, member of the Management Board of KfW IPEX-Bank. “Together with our partners, we are promoting freight transport’s shift to rail – and are thus providing considerable support for climate-friendly transport infrastructure.”

MFD Rail is very proud of the financing partnership we have developed with KfW IPEX-Bank and Oaktree, which is one of the most prestigious partners in the area of lending and private equity. Both companies also have in-depth knowledge of the railway industry,” adds Markus Basler, CFO of the MFD Rail Group. “As a start-up company, we are therefore extremely well capitalised, underscoring not only our ambitious growth plans, but also making them possible in the first place.”

KfW IPEX-Bank is the sole arranger, facility agent, security agent and hedging bank for the financing.

Check other news
Safety culture is more than regulation
MFD Rail has joined the European Railway Safety Culture Declaration, reinforcing our commitment to a strong and collaborative safety culture within the European rail freight sector. As a wagon keeper and ECM-certified company, we believe that safety goes beyond regulatory compliance. Sustainable railway safety is built through responsibility, transparency, collaboration and continuous improvement across the entire rail ecosystem. By joining the initiative, MFD Rail supports a shared European commitment to […] MFD Rail has joined the European Railway Safety Culture Declaration, reinforcing our commitment to a strong and collaborative safety culture within the European rail freight sector. As a wagon keeper...
READ MORE
GOLD – AGAIN. AND EVEN STRONGER
We are proud to announce that MFD Rail has once again achieved the EcoVadis Gold Rating – reaffirming our position among the top 5% of more than 130,000 companies worldwide. Receiving Gold for the second consecutive year is more than a recognition, it is proof of consistency, continuous improvement, and measurable impact. EcoVadis, the world’s leading sustainability rating platform, evaluates companies across four key areas: Environment, Labor & Human Rights, Ethics, and […] We are proud to announce that MFD Rail has once again achieved the EcoVadis Gold Rating – reaffirming our position among the top 5% of more than 130,000 companies worldwide. Receiving Gold...
READ MORE
6000 PLATFORMS FOR OUR CUSTOMERS
We are thrilled to announce another milestone – the growth of our fleet to a remarkable range of 6000 platforms! Without the trust of our valued customers and suppliers, our success wouldn’t be possible. With our fleet, our customers have covered an impressive distance of more than 700 million kilometers to date. By shifting goods from road to rail, they have thus saved almost 2 million tons of CO2 emissions. Follow our […] We are thrilled to announce another milestone – the growth of our fleet to a remarkable range of 6000 platforms! Without the trust of our valued customers and suppliers, our...
READ MORE