Our award-winning team is led by partners who all have deep industry knowledge and expertise across a range of jurisdictions.

We advise on both single-jurisdiction and cross-border financings including complex loan financing transactions, leasing transactions, and portfolio transactions. We are acknowledged market leaders for advice on the development of new and innovative financing structures for the global rail sector and are the "go to" counsel for an impressive group of leading clients.

We regularly host top table dinners, conferences, seminars and forums which facilitate discussion within the industry and regularly contribute to industry press.

Our team works with a network of international counsel who are experts in the rail sector to deliver specialist advice around the world.

Twitter: @legalrail

"A very strong partner-led which compares favourably to other firms in the sector. The partners have very strong experience in the sector acting for a wide range of stakeholders. Stephenson Harwood takes a proactive approach to introducing market players which can often lead to development of new business relationships"
The Legal 500 UK 2022

Rock Rail Limited

Advising new entrant into the rolling stock market on new rolling stock financing including the East Anglia, Moorgate, Northern and TPE rolling stock procurements.

Vivarail – Island Line Rolling Stock

Advising Lombard North Central, part of the RBS Banking Group, in relation to the manufacture and supply by Vivarail to South Western Railway of five class 484 two-car electric multiple units, which will be manufactured by Vivarail using bodyshells and bogies from former London Underground District Line cars. SWR is responsible for the infrastructure and issues relating to testing and transportation of the rolling stock meant that this matter was, in some areas, unique.

CAF

Advising CAF on the Caledonian Sleeper rolling stock financing arrangements.

Corelink Rail Infrastructure Limited

Advising Corelink Rail Infrastructure, a new entrant to the rail finance market, on the financing of 100+ new trains from Bombardier Transportation and CAF for the West Midlands rail franchise.

LOROL

Advising the financiers on the new rolling stock for London Overground.  Advising CAF on its bid to supply a new fleet of trains to TfL for that concession.

Rolling stock financing

Advising on the financing of rolling stock transactions in the UK including East Anglia, Moorgate, Northern, Southern, TPE and West of England.

Norwich Crown Point

Advising on the debt financing for the substantial upgrades of the light maintenance rail depot at Norwich Crown Point. These upgrades were part of the Abellio East Anglia franchise bid and were necessary to accommodate their upgraded fleet.

Voyagers

Advising Lloyds Bank and RBS on the sale of the Voyager passenger train fleet of 352 vehicles to Beacon Rail, a division of JP Morgan, following an auction process.