CIC Corporate & Institutional Banking is pleased to support Akiem, a leading player in locomotive leasing in Europe, in the refinancing of its senior debt labeled “green”.
The refinancing is structured through a combination of :
- bank loans with 7-year and 10-year maturities, along with a €700m Capex facility to support its growth strategy.
- private placements issued to investors in Europe and the United States, with maturities of 15 and 20 years.
CIC has been a key banking group accompanying Akiem over the past years in its rapid expansion both on the freight and the passenger segments. This transaction is fully in line with the Crédit Mutuel Alliance Fédérale Group’s strategy to decarbonize and support the development of the rail sector.
About Akiem
Akiem is one of the leading European providers of services to rail operators, manufacturers, and local authorities. The company offers a fleet of over 770 locomotives and 42 passenger vehicles, as well as solutions covering the entire rolling stock value chain. Akiem has more than 100 customers and operates in 22 European countries. Akiem has a complete industrial ecosystem, certified ECM (Entity in Charge of Maintenance), which relies on a pan-European network of workshops and significant inventories of spare parts for the maintenance of the rolling stock supplied to its customers. Akiem is owned by La Caisse (Caisse de Dépôt et Placement du Quebec), a global investment group strongly committed to the development of low-carbon infrastructure.
For more information, visit : www.akiem.com
CONTACT – CIC CIB
Asset Finance
Olivier BROS Global Head of Green Mobility olivier.bros@cic.fr
Florence MEVEL Director Green Mobility florence.mevel@cic.fr
Coverage
Ludovic LEPIC Senior Banker ludovic.lepic@cic.fr