Alpha Trains has successfully raised €1.3bn to refinance existing debt and secure funds for upcoming maturities and growth capex. This refinancing involves a combination of capex and revolving credit facilities, a green bank term loan, and EUR 460 million in green private placements with terms extending up to 30 years.
The company's Green Finance Framework played a key role in arranging the new green loans and notes from banks and institutional investors.
The deal was supported by Crédit Agricole Corporate & Investment Bank and Santander as debt, rating, and green advisors, as well as placement agents. Legal advice for Alpha Trains was provided by Watson Farley & William and PwC Legal, with Allen & Overy Shearman advising the lenders.