Transit
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TRANSIT CEASED PUBLICATION IN JUNE 2010

HSBC set £2bn target for ROSCO sale

16 April 2010
 

HSBC has set a price of £2bn for the sale of its rolling stock leasing company (ROSCO). Bids were due to be submitted as LTT went to press and interested parties were expected to include consortiums of infrastructure investors featuring companies including 3i, Macquarie and JP Morgan. If a deal goes through it will complete the sale of all three of the UK’s ROSCOs from banks to investors and private equity firms....

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