LLC Bunswick Rail Leasing and LLC FosAgro-Trans signed a lease agreement for 550 mineral hoppers
LLC Brunswick Rail (BRL) and LLC FosAgro-Trans signed financial lease agreement for 550 mineral hoppers produced by JSC Stakhanovsky Car-Building Plant (SVZ). According to the deal terms there is no downpayment and lease term equals to 10 years. BRL will deliver mineral hoppers in February-May 2007.
LLC FosAgro-Trans is planning to use leased rolling stock for servicing transportation needs of it’s parent company CJSC FosAgro AG, one of top phosphorus-containing fertilizers producers in Russia.
LLC Brunswick Rail General Director Vladimir Lelekov commented upon the deal: “This is not our first deal with FosAgro-Trans, that proves our long-term partnership. We are always pleased to offer an attractive proposition to our business partner.”