Société Générale is providing the financing for the acquisition of 35 Vectron AC locomotives from Siemens Mobility. The locomotives will be acquired by Reichmuth & Co Investment Management through its investment vehicle LokRoll 3 and made available to SBB Cargo for eight years by way of a leasing arrangement via the asset manager Northrail. Delivery of the locomotives is scheduled for 2024.
Advestra has acted as Swiss legal counsel to Société Générale. The team included partner Alexander von Jeinsen (pictured), Annina Hammer and Levy Corba (all financing) as well as Céline Martin (tax). Ashurst, Frankfurt, acted as German legal counsel.