HSH Nordbank participated as MLA in the acquisition financing for Beacon Rail

Hamburg/Kiel, May 26, 2017 - HSH Nordbank is participating as a Mandated Lead Arranger in provid-ing the acquisition financing for Beacon Rail, the leading European rolling stock leasing company, making available a loan of € 87 million. The total amount of financing in the context of an M&A process is € 854 million. HSH Nordbank participated in the acquisition financing’s EUR Equivalent 624m senior bank debt together with ING, BAML, DVB, CACIB, KfW and ABN AMRO, alongside with several institutional investors, who provided EUR Equivalent 230m private notes.

Headquartered in Luxembourg with additional offices in London and Boston, Beacon Rail’s current portfolio includes 225 locomotives, over 1000 freight wagons and 55 passenger train units, 67 double decker coaches and 13 sets of five-car intercity carriages on lease in the UK, Germany, Denmark, France, Belgium, Norway, Sweden, Austria, and the Netherlands. Since its establishment in 2007, Beacon has successfully positioned itself as one of the leading European rolling stock lessors. In 2014 the Private Equity investor Pamplona Capital Man-agement acquired Beacon from BTMU Capital Corporation and on 20th April 2017 Pamplona successfully sold Beacon to institutional investors advised by JP Morgan Asset Management.

“We proved ourselves again with this transaction as a competent lender in the European Rail sector with market expertise and strengthened our relationship with Beacon,” said Dr. Marcus Kleiner, Head of Origination Infrastructure & Rail at HSH Nordbank.

“The closing on the acquisition of Beacon marks the beginning of a new chapter for Beacon Rail. Beacon is pleased to count on the involvement of HSH Nordbank in this financing which will further support our growth,” said Ted Gaffney, Chief Executive Officer of Beacon.

The information contained in this press release does not constitute an offer for the sale of any type of Hamburg Commercial Bank AG securities. Securities of Hamburg Commercial Bank AG may not be sold in the United States without registration pursuant to US securities legislation, unless such a sale takes place on the basis of relevant exceptional provisions.

This press information can contain forward-looking statements. These statements are based on our beliefs and assumptions, on information currently available to us which we consider reliable. Forward-looking statements include all statements which are not historical facts, including information concerning future growth prospects and future economic developments.

Such forward-looking statements are based on assumptions relating to future events and are subject to uncertainties, risks and other factors, a large number we cannot influence. Thus actual events can differ considerably from the forward-looking statements made. We make no warranty for the correctness or completeness of these statements or the actual occurrence of the statements made. Furthermore, we assume no obligation for updating the forward-looking statements after this information has been published.