News and Deals

Linklaters advises VTG on €340 million financing for over 2,000 new rail cars

Deals|
12 February 2026

Press Contacts

Rosie Abrahamson
Senior PR Lead
+447823650275
rosie.abrahamson@linklaters.com

Linklaters has advised VTG, an international rail and logistics company, on a €340 million financing comprising three commercial term facilities. The financing was facilitated in conjunction with KfW, under its Promotional Loan Scheme for Sustainable Mobility. The financing will be used to acquire new railcars facilitating VTG's growth and advancing the European modal shift to rail.

The Linklaters team was led by Energy & Infrastructure Partner Nick Szmigin, with Managing Associate Mariah Cartsidimas and Associate Tye Bayliss. The Linklaters team coordinated advice across multiple jurisdictions, with Finance Partner Michal Hlásek, Managing Associate Lasse Petersen and Associate Martin Reschke advising on German law matters, while the wider Linklaters network supported on Luxembourg law matters (Finance Partner Melinda Perera, with Managing Associate Merve Nazli Kaylan and Junior Associate Baterdene Zagd), French law matters (Finance Partner Justin Faye, with Associate Marie Kooli and Junior Associate Inès Le Bloa), and Dutch law matters (Finance Managing Associate Jim Koek and Junior Associate Duco De Vries).

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