HSBC sells ROSCO for ￡2.1billion, but retains '313s'

摘要

HSBC has agreed to sell the rolling stock company Eversholt Rail Group to Eversholt Investment Group. This consortium consists of investment funds managed by 3i Infrastructure pic, Morgan Stanley Infrastructure Partners, and STAR Capital Partners. The transaction was expected to close by the end of 2010. The transaction valued Eversholt's gross assets at approximately ￡2.1 billion, which HSBC said was modestly above the carrying value of the assets stated in HSBC's accounts. Intriguingly, the Class 313 EMU fleet is not included in the sale: HSBC is retaining ownership of these trains. Eversholt owns just under a third of the total current British rail fleet, with 19 main fleets of rolling stock, mainly electric, leased to seven train operating companies.