Helrom agrees loan financing of 34.5 million euros

The rail freight transportation and technology company Helrom is pleased to announce the successful conclusion of a loan financing with the major French bank Société Générale and DAL Deutsche Anlagen-Leasing. 

The financing strengthens the further growth and market development of Helrom GmbH and underlines the company’s position as a pioneer in the sustainable decarbonization of supply chains in rail freight transport.

© HELROM / Photo: Julia Reisinger

Frankfurt, June 28, 2023 - Deutsche Leasing Finance (DL) and Société Générale will provide 50 percent of the loan financing with a total volume of EUR 34.5 million on a 50/50 basis. This transaction is being structured by DAL Deutsche Anlagen-Leasing (DAL). In a generally difficult market environment, Helrom agreed very good financing conditions with a seven-year amortization period. The term and loan structure comply with the international LMA (Loan Market Association) standard. The transaction is structured as asset-based finance and is designed as a platform for further financing initiatives by Helrom.

Both financing partners have extensive experience in the rail sector. Société Générale has extensive expertise in the logistics sector throughout Europe, which further strengthens the prospective cooperation with Helrom. DAL is one of the leading asset financiers in the rail sector in Europe - and is providing innovative financing in line with international standards as part of the project, which underlines its commitment and ambitions for sustainable technology and transport initiatives.

The loan financing is a substantial support for the further expansion of Helrom’s transport capacities. This strategic investment will further accelerate Helrom’s mission to significantly contribute to the transport transition in rail freight and decarbonize supply chains. It is in line with the company’s stated goal of net zero transportation and its ESG principles.

Matthias Herrmann, CFO of Helrom, emphasizes the great success of having won two important partners on the financial market for Helrom's goals: “We are delighted to have agreed our first debt financing with two such great financing partners as Société Générale and DAL. We are particularly proud that we have found two partners who are willing to finance our Helrom trailer wagons for the next seven trains and who at the same time are fully behind our ESG mission to decarbonize supply chains. We are grateful for their support and look forward to using this funding to further establish our sustainable transportation concept.”

Kaan Y. Ciftci, project manager responsible for the transaction at DAL:
"We are pleased to support Helrom GmbH in its growth strategy and thus make a positive contribution to the decarbonization of freight transport. With its "Net Zero Transport" mission, Helrom is a key customer for DAL for innovative asset finance solutions in the transportation and logistics sector - a mission that also makes an important contribution to the transport transition. This financing therefore underlines our ambition to promote sustainable and environmentally friendly rail logistics. We would like to thank all those involved in the project, especially Helrom and Société Générale, for their professional cooperation. We look forward to this financing partnership and are excited about our joint journey towards a more sustainable future."

Thomas Losay, Head of Global Land Transportation at Société Générale:
"We are proud to be part of this landmark transaction and to support Helrom in its ambitious development plan that will contribute to the modal shift from road to rail and lead to significant savings in CO2 emissions. This initial financing lays the foundation for a long-term and valuable partnership with a pioneer in sustainable transportation."

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