Re: US capital for National Express

["Rod Young" <freight_man@hotmail.com>]

David Bromage <dbromage@fang.omni.com.au> wrote in message
pJGU4.790$oT.482866@news0.optus.net.au">news:pJGU4.790$oT.482866@news0.optus.net.au...
>    NATIONAL Express Group Australia has secured finance worth $A 411
>    million ($US 245.7 million) from GATX Capital Corporation, United
>    States, to purchase new vehicles for operation by its subsidiaries,
>    Bayside Trains and Swanston Trams.
>
>    The deal will enable Bayside Trains to introduce a fleet of 62
>    three-car emus into suburban service in the state of Victoria, and 59
>    Combino LRVs into service in Melbourne. National Express is also
>    negotiating a loan from GATX which will allow its V/Line suburban
>    passenger franchise to provide an additional 29 trains in the Melbourne
>    area.
>
> International Railway Journal, May 2000.
>
>
Mark Bau  #1 (by about 4 days)
David late again!
and the way I hear it V/Line will replace the present fleet with the new
Rail Motors, not add to the existing fleet.

--

Rod Young
http://hobsonmodelrail.rrdepot.com/
Foundation President and Co-Founder
Hobsons Bay Model Railway Club Inc.
Operators of Australia's only 'Australian' Model Railway Show
Every Easter in Melbourne.
and my page
http://hobsonmodelrail.rrdepot.com/rods


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