Corporate News – 01 February 2021

Aves One closes further financing facilities over EUR 75 million

Aves One AG, a strongly growing holder of long-life logistics assets, has further optimized its financing structure and reduced its interest costs. KfW IPEXBank is providing the company with a financing line of EUR 75 million to finance future investments. Furthermore, the interest rate level was further reduced by adjusting the financing conditions of existing loans with a total volume of EUR 155 million. This results in annual interest savings of around EUR 0.75 million.

"The new financing line for acquisitions increases our long-term financial planning security and flexibility. This enables us to respond even more quickly to investment opportunities as they arise. This deal shows that our freight rail cars with continuous cash flows are a sought-after asset also from the point of view of our financing partners. In this way, we are paving the way for further investments in our rail segment," says Tobias Aulich, member of the board of Aves One AG.