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Yorkshire Bank signs string of mid-ticket deals

Yorkshire Bank signs string of mid-ticket deals

(Free) The asset finance arm of Yorkshire Bank (YB) has been signing some large middle ticket deals recently, emerging as a strong player within its distribution range.

Lex Autolease signs 1500-vehicle, £35 million deal

Lex Autolease signs 1500-vehicle, £35 million deal

(Free) Lex Autolease, the UK’s largest fleet provider, is to supply chilled foods giant Dairy Crest with 1,000 commercial vehicles and 500 cars, in a deal worth £35 million.

BBVA Leasing to finance fire trucks

BBVA Leasing to finance fire trucks

(Free) Spain’s BBVA Leasing has won a public leasing contract to provide 14 fire trucks to the town of Caceres, in the country’s western region of Estremadura.

Italian lessor wins massive real estate leasing deal

Italian lessor wins massive real estate leasing deal

(Free) Italy’s MPS Leasing & Factoring has won a tender for the financing of a massive public building in Turin in Northern Italy.

In brief - deals

In brief - deals

HSBC is to sell its train leasing business, HSBC Rail, for a price of £2 billion (€2.27 billion). Australian financial services group Macquarie and investment giant JPMorgan are understood to be interested in making the purchase as a joint venture, while Star Capital is also in the bidding.

Ryder signs UK’s first electric HGV lease deal

Ryder signs UK’s first electric HGV lease deal

Truck lessor Ryder has delivered a 10-tonne Smith Newton truck to distribution and outsourcing group Bunzl, after signing a pioneering 10-year contract hire agreement believed to be one of the first lease deals for an electric HGV in the UK.

Lombard order book continues to grow

Lombard order book continues to grow

A string of large deals won by Europe’s major commercial vehicle lessors and manufacturers, involving hundreds or – in some cases – thousands of vehicles, is fuelling some optimism within a largely shattered sector.

HSBC: £2 billion rail sale looming

HSBC: £2 billion rail sale looming

(Free) HSBC is to sell its train leasing business, HSBC Rail, for a price of £2 billion.

Arval to provide CH for Renault and Nissan dealers

Arval to provide CH for Renault and Nissan dealers

RCI Financial Services has announced that fleet management and leasing company Arval has won a tender to become its outsource partner in the provision of contract hire services to the Renault and Nissan franchised dealer network.

Lombard funds further lasers

Lombard funds further lasers

(Free) RBS asset finance subsidiary Lombard has provided £75,000 in finance to a UK laser treatment company, for the acquisition of three new lasers for cosmetic surgery procedures.


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