BOND advises EBS Public Transportation on succesful refinancing
BOND has assisted EBS Public Transportation on all legal aspects of the successful refinancing of its existing credit facilities with HSBC. Under the new credit facilities EBS Public Transportation has access to considerable additional liquidity for the funding of its activities. A portion of the new credit facilities can be utilised in the form of bank guarantees for the benefit of suppliers and in connection with future tender bids for public transport concessions. This new financing supports EBS Public Transportation with the rapid growth of its share in the Dutch market for public transportation.
EBS Public Transportation was founded in 2010. Currently it provides public transport services for approximately 140,000 persons on a daily basis in the following concessions: Zaanstreek-Waterland, Voorne-Putten & Rozenburg, Haaglanden-Streek and IJssel-Vecht. EBS Public Transportation has over 2,000 employees and operates a fleet of more than 700 buses, most of which are fully electric.
