NKF with Zürcher Kantonalbank & UBS on credit financing
Niederer Kraft Frey (NKF) advised Zürcher Kantonalbank and UBS Switzerland in connection with their role as mandated lead arrangers on a CHF 90 million syndicated credit financing for Austrian Train Finance II.
The context
The financing in question ensures the production and delivery of three high-speed Smile trains to a private Austrian railway operator. Stadler Rail will take-over production of the Smile trains in Bussnang, Switzerland. The vehicles are set to operate in Austria from March 2026.
The NKF team
M&A and finance partners Adrian Koller (pictured left) and Philip Spoerlé (pictured right) co-led the NKF team on the matter, working alongside junior associates Géraldine Küderli and Manuel Constam (both M&A/finance) as well as partner Markus Kronauer (tax).
