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Brunswick Rail may place preferred shares with the European Bank of Reconstruction and Development (EBRD) for $150 million, according to sources in the bank. Brunswick Rail currently has no preferred shares. The share in the capital of the leasing company that EBRD will gain remains undisclosed. Based on the most recent estimation by Brunswick Rail, $150 million equals 13.6% of its shares. A Brunswick Rail representative confirmed the negotiations with EBRD.

The full text of the article is available here.