The German passenger rolling stock market is beginning to produce opportunities for infrastructure lenders - albeit largely restricted to those with a German footprint. But for investors and lenders looking for higher margin business, it is freight where the basis points add up. Proximo talks to KfW IPEX’s director of Origination and Structuring Mobility and Transport, Torsten Osterloh, about the opportunities and hurdles to would-be investors in German rail.
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