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LPNEWS

Pension Funds And Insurers Provide £1B In Funding For UK Rail Companies

by realestate.ipe.com posted 1year ago 389 views
<p>A consortium of pension funds and insurers has provided &pound;1bn (&euro;1.13bn) in debt and equity financing for UK train operators.</p> <p>The financing, which included equity from UK local authority pension funds and Standard Life&rsquo;s infrastructure arm, will fund new Bombardier trains for FirstGroup and MTR.</p>

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