International

ACT: China Commercial Vehicle Demand Up Y/Y, Down Q/Q

Demand for China’s heavy and medium trucks and tractors was mixed in Q1/16, according to a new report jointly published by ACT Research and China’s State Information Center. read more

Eversholt, Beacon Rail Leasing Provide $333MM for Rail Operator

Rail operator TransPennine Express announced Eversholt Rail and Beacon Rail Leasing will provide $333 million of financing to support the acquisition of 25 new five-carriage trains. read more

Hitachi Capital, Mitsubishi UFJ Enter into Business Alliance

Hitachi Capital and Mitsubishi UFJ Financial entered into a business alliance to boost their operations in the field of infrastructure business. read more

Beacon Rail Acquires Ascendos Rail Leasing 

Beacon Rail Leasing agreed to acquire Ascendos Rail Leasing, a European locomotive and rolling stock leasing company. read more

Cat Financial, Macquarie Provide C$115MM Atlantic Gold Facility

Atlantic Gold signed a C$115 million ($89.33 million) syndicated project facility agreement with Macquarie Bank and Caterpillar Financial Services to fund construction costs of its Moose River Project in Nova Scotia. read more

Investec Closes $1B Emirates Airline Lease Transaction

Reuters reported that Investec Bank closed a $1 billion operating lease transaction with Emirates Airline. read more

Leaseurope Supports EU Proposal to Revive High Quality Securitization

Leaseurope, along with Eurofinas and 30 other European financial service organizations, support EU policy makers’ efforts to revive European high quality securitizations markets. read more

ANZ May Sell Equipment Financing Unit

Citing a bank spokesman, Reuters reported that Australia and New Zealand Banking Group (ANZ) is weighing “strategic options” for UDC Finance, its plant and equipment financing unit. read more

Carlyle Said to Have Interest in Acquiring KDB Capital

According to local reports, U.S. private-equity firm Carlyle is among the three suitors for KDB Capital, an equipment leasing and venture capital firm and subsidiary of Korea Development Bank. read more

Sumitomo Mitsui Finance and Lease Issues Negative Yield Commercial Paper

Reuters reported Sumitomo Mitsui Finance and Lease issued 5 billion yen ($44.27 million) worth of six-month commercial paper with a yield of minus 0.001%. read more

Gulfstream Delivers First G650ER into China

Gulfstream Aerospace recently delivered the first Gulfstream G650ER into China, providing the ultra-long-range aircraft to Minsheng Financial Leasing. read more

Cassiopae Plans ‘Tie-Up’ with Sopra Steria

Sopra Steria announced plans for a tie-up with Cassiopae, a developer of specialized finance and real estate management software. Sopra Steria will acquire roughly 75% of KSEOP, Cassiopae’s holding company. read more

Reuters: Weak Economy Causes China’s Business Jet Demand to Tumble

According to Reuters, as the Chinese economy weakens, demand for business jets is slowing, as the country’s business jet fleet grew at its slowest rate in the last 10 years in 2015. read more

WSJ: Investors Flee European Bank Stocks

According to the Wall Street Journal, investors are less bullish about European banks, which have seen stocks decline by 4%. read more

BNP Paribas, Cassiopae Partner on Mobile Leasing Solution

BNP Paribas Leasing Solutions deployed a new mobile solution from Cassiopae that will enable introductory sources to easily produce bespoke finance quotes for their customers. read more

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Terry Mulreany
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