Transportation Industry
CBRail, a new rolling stock leasing company created by Babcock & Brown and the Bank of Scotland , has purchased the European arm of Porterbrook Leasing, which has lease contracts in several European countries for 28 locomotives an d 67 coaches
International Railway Journal, Jan, 2005
CBRail, a new rolling stock leasing company created by Babcock & Brown and the Bank of Scotland (a division of HBOS), has purchased the European arm of Porterbrook Leasing, which has lease contracts in several European countries for 28 locomotives and 67 coaches. CBRail plans to develop "critical mass" in European markets.
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