The project to provide new trains on the Great Western Main Line reached financial close on July 24, 2012. The project involves the provision of rolling stock comprising a total of 369 carriages to run on the Great Western Main Line between London and Bristol. The trains are being manufactured and maintained by the Agility Trains consortium, formed by Hitachi and John Laing. The first trains are expected to enter service in 2017.

The procuring authority is the UK Department for Transport (DfT), with PwC acting as financial advisor to the DfT. HSBC acted as financial advisor to the Agility Trains consortium.

The group of lenders providing financing for the project includes HSBC, Lloyds TSB, Mizuho, SMBC, BTMU, Mitsubishi UFJ Trust and Banking, Sumitomo Mitsui Trust Bank, European Investment Bank and Japan Bank for International Cooperation.

Operis provided financial model audit services for the project on behalf of the lenders, Hitachi and John Laing.

Share now

CONTACT US

Please get in touch with either of our regional offices.

https://www.operis.com/wp-content/uploads/2021/01/Erwan-Fournis-500x500.png
Erwan Fournis
Global Head of Financial Advisory

+44 207 562 0444

[javascript protected email address]
https://www.operis.com/wp-content/uploads/2021/05/Carmen-Wade-500x500.jpg
Carmen Wade
Financial Advisory, Head of North America

+1 647 243 3840

[javascript protected email address]
https://www.operis.com/wp-content/uploads/2021/03/Jun-Tao-500x500.png
Jun Tao
Global Head of Model Audit & Financial Modelling

+44 207 562 0428

[javascript protected email address]
https://www.operis.com/wp-content/uploads/2021/04/Michael-Jarman-1.jpg
Michael Jarman
Head of Model Development

+1 647 243 8016

[javascript protected email address]
https://www.operis.com/wp-content/uploads/2021/05/Philip-Allen-500x500.jpg
Philip Allen
Head of Training [javascript protected email address]

Operis Europe

View Google Map
+44 207 562 0400
[javascript protected email address]

Operis North America

View Google Map
+1 647 846 7382
[javascript protected email address]

CONTACT US

Discuss your requirements with us

https://www.operis.com/wp-content/uploads/2021/01/Erwan-Fournis-500x500.png
Erwan Fournis
Global Head of Financial Advisory

+44 207 562 0444

[javascript protected email address]
https://www.operis.com/wp-content/uploads/2021/03/Chirs-Aldred-500x500.png
Chris Aldred
Director

+44 207 562 0433

[javascript protected email address]
Name(Required)
Consent(Required)
This field is for validation purposes and should be left unchanged.