BOND advises EBS Public Transportation on financing for the expansion of the IJssel-Vecht Concession 2022-2035
BOND has advised EBS Public Transportation on the increase of its existing financing with Rabobank in connection with the addition of city transport Lelystad and IJsselmond to the IJssel-Vecht Concession 2022-2035.
In 2022, EBS won the IJssel-Vecht Concessie 2022-2035. EBS is a Dutch, regionally operating public transport company. EBS (Egged Bus Systems) was founded in 2010 as a subdivision of the Israeli Egged Group. In addition to the IJssel-Vecht concession, EBS provides public bus transport in three other concessions: region Zaanstreek-Waterland, region Voorne-Putten & Rozenburg and region Haaglanden Streek.
Bond advised EBS on the contract documentation and all other legal aspects of the increase of the existing financiering with Rabobank for the acquisition of additional new electric buses and charging infrastructure in relation to the addition of city transport Lelystad and IJsselmond to the IJssel-Vecht Concession.
Other advisors involved were Schut (civil law notary coordinating the creation of the rights of superficies relating to the charging infrastructure) and Stek (counsel to Rabobank).
