{"id":368342,"date":"2026-02-13T20:52:20","date_gmt":"2026-02-13T10:52:20","guid":{"rendered":"https:\/\/www.railfreight.com\/?p=69352"},"modified":"2026-02-13T20:52:20","modified_gmt":"2026-02-13T10:52:20","slug":"vtg-secures-340-million-euro-promotional-loan-for-wagon-purchases-2","status":"publish","type":"post","link":"https:\/\/www.vibewire.com.au\/?p=368342","title":{"rendered":"VTG secures 340 million euro promotional loan for wagon purchases"},"content":{"rendered":"

The German rolling stock and logistics company VTG, which operates the largest private fleet in Europe of approximately 85,000 wagons, has secured a 340 million euro loan through development bank KfW. This money is earmarked for the purchase of new freight wagons.<\/strong>
\n<\/span>KfW specifies that VTG will use the loan to purchase various types of wagons, including tank wagons, open and closed wagons and wagons for intermodal operations. \u201cThe syndicated promotional loan will be used to finance our investments in new, modern freight wagons\u201d, confirms VTG CFO Mani Herold.<\/p>\n

The German state development bank KfW acts as the lead arranger and bookrunner for the loan, meaning that there it has sought to source the funds from various lenders to spread the financial risk. The promotional loan likely also comes with favourable reduced-cost terms. It has a term of seven years.<\/p>\n

\u201cWe are proud that VTG is the first transport company to successfully place such a large promotional loan from the KfW programme for investments in sustainable mobility on the market in order to create the conditions for more climate-friendly rail transport. We would like to thank KfW IPEX-Bank for its consistently reliable and excellent cooperation in implementing this important, innovative financing\u201d, Mani Herold added.<\/p>\n