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Railhub Archive
2009-03-24 BTM-001
Bank of Tokyo-Mitsubishi UFJ BTMU Capital Corporation0
BEACON RAIL LEASING LIMITED adds new Locomotives to its Portfolio
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   BEACON RAIL LEASING LIMITED adds new Locomotives to its Portfolio
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 type Press release
LONDON, 24th March 2009 - Beacon Rail Leasing Limited (Beacon Rail), a wholly-owned
subsidiary of BTMU Capital Corporation (BTMUCC) has added 18 EMD Class 66 locomotives
to its portfolio. The locomotives have been acquired from HSBC Rail (UK) Limited and are all
based in continental Europe (Norway, Sweden, Germany and the Netherlands).
The new additions will bring the Beacon Rail locomotive portfolio to 51.
Beacon Rail is a UK company headquartered in London with an origination office in Rotterdam.
The Beacon Rail team consists of 5 industry professionals (4 in London and 1 in Rotterdam), and
the existing portfolio now includes 51 locomotives and 50 freight cars on lease to lessees in the
UK, Belgium, Norway, Sweden and Germany.
Theodore J Gaffney, Executive Vice President of BTMUCC commented, “This further advances
our strategic plan of growing our portfolio and investing in the European marketplace in one of
our chosen asset classes. We are very happy with our team and are enthusiastic about our ability
to meet the needs of the rail market in Europe.”
Neil Bennett, Managing Director of Leasing & Origination for Beacon Rail added, “This
transaction is further testament to our strategy of increasing our portfolio and growing our market
share. These locomotives are a good fit with our existing EMD class 66 fleet and it also adds
some excellent new Lessees to our customer base.”
Mary Kenny, Chief Executive Officer of HSBC Rail (UK) Limited added “Selling our small
portfolio of freight assets based in continental Europe was an important step as part of our
strategy to focus on our core UK business.”
For additional information please contact:
Neil Bennett
Managing Director of Leasing & Origination
Beacon Rail Leasing Limited
rail@beaconrail.com
Heather Cline
Marketing Communications Coordinator
BTMU Capital Corporation
hcline@btmucapital.com
Jezz Farr
Global Head of Media Relations
Global Banking and Markets
HSBC Bank plc
jezzfarr@hsbc.com
Railhub Archive ::: 2009-03-24 BTM-001
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