Porterbrook sends out RFP for US PP return

Train track fotolia 230x150
By Silas Brown
04 Jul 2019

UK train leasing firm Porterbrook has sent out requests for proposals to US private placement agents, for a prospective return to the market.

“Porterbrook has widespread appeal in the US PP market — they’ll find a good hearing from the range of institutional investors,” said one US PP player in London.

The company entered the market last year for bond refinancing, raising £250m via MUFG and NatWest Markets last November. The ...

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