Media

BEACON RAIL ACQUIRES VOYAGER FLEET

LONDON / LUXEMBOURG – Beacon Rail Leasing, a leading Pan-European rolling stock lessor, is pleased to announce that it completed the acquisition of a fleet of Bombardier Class 220 and Class 221 Voyager diesel-electric multiple units from subsidiaries of Lloyds Bank plc and the Royal Bank of Scotland plc. …Read More

BEACON RAIL ENTERS INTO AN AGREEMENT TO ACQUIRE ASCENDOS RAIL LEASING

LONDON / BOSTON / NEW YORK - Beacon Rail Leasing (“Beacon”), a leading Pan-European rolling stock lessor, is pleased to announce that it has entered into an agreement to acquire Ascendos Rail Leasing S.à.r.l. (“Ascendos”), a European locomotive and rolling stock leasing company. The completion of the transaction is subject to customary conditions, including clearance with the German competition authorities. The transaction is expected to be completed during the second quarter of 2016. …Read More

BEACON ACQUIRES 27 DIESEL LOCOMOTIVES FROM MRCE

UK based locomotive leasing company Beacon Rail Leasing (‘Beacon’) and locomotive leasing and servicing company Mitsui Rail Capital Europe (‘MRCE’), recently concluded the sales and purchase agreement for 27 diesel locomotives. The locomotives are between 8 and 12 years old and were sold with lease contracts to various rail cargo operators in place. The first 10 locomotives have already been handed over at various locations in Germany. The remainder is scheduled to be handed over in the coming months. …Read More

PAMPLONA CAPITAL MANAGEMENT BUYS BEACON RAIL FOR C.$450M

London/New York – Pamplona Capital Management LLP (“Pamplona”) is pleased to announce that it has signed a definitive purchase agreement to acquire Beacon Rail Leasing (“Beacon”), a UK locomotive and rolling stock leasing company from BTMU Capital Corporation, a subsidiary of Mitsubishi UFJ Financial Group. The consideration, including commitments for firm future deliveries of locomotives is approximately $450 million. …Read More