# Saudi Railway Company secures CHF254 million facility for 10 trains > Latham reported an export-credit facility backed by Swiss export-risk insurance and a group of banks. - Canonical URL: https://newsverum.com/en/news/saudi-railway-254m-chf-export-credit-facility-for-10-trains-2026 - Publisher: Newsverum - Section: Infrastructure - Country: Saudi Arabia - Published: 2026-10-20T14:20:11+00:00 - Updated: 2026-10-20T14:20:11+00:00 - Source review period: 2026-10-01 - Other editions: [Türkçe](https://newsverum.com/tr/news/saudi-railway-254m-chf-export-credit-facility-for-10-trains-2026.md), [العربية](https://newsverum.com/ar/news/saudi-railway-254m-chf-export-credit-facility-for-10-trains-2026.md), [Français](https://newsverum.com/fr/news/saudi-railway-254m-chf-export-credit-facility-for-10-trains-2026.md), [Español](https://newsverum.com/es/news/saudi-railway-254m-chf-export-credit-facility-for-10-trains-2026.md), [Deutsch](https://newsverum.com/de/news/saudi-railway-254m-chf-export-credit-facility-for-10-trains-2026.md), [Português](https://newsverum.com/pt/news/saudi-railway-254m-chf-export-credit-facility-for-10-trains-2026.md) *The source does not state the event date; the period shown is the source review period.* Latham & Watkins said on October 1 that it advised Saudi Railway Company (SAR) on a CHF254 million export-credit facility. The facility is backed by Swiss Export Risk Insurance and a group of banks including KfW IPEX-Bank, Commerzbank and UBS Switzerland. Latham said the financing will fund 10 new passenger trains from Swiss manufacturer Stadler. SAR described the purchase as part of its plans to expand and develop its passenger fleet. This financing concerns the initial 10-train purchase; it is separate from SAR’s later exercise of an option for 10 additional trains, announced on October 9. ## Data ### Financing scope Facility amount and number of vehicles financed for the initial train purchase. Methodology: Latham’s October 1 advisory announcement states CHF254 million and 10 trains. This is for the initial purchase of 10 trains, not Stadler’s additional 10-train option announced October 9. | label | value | unit | period | basis | |---|---|---|---|---| | Export-credit facility amount | 254000000 | CHF | 2026-10-01 | observed | | Passenger trains financed | 10 | count | 2026-10-01 | observed | Sources: · Download data: [JSON](https://newsverum.com/api/v1/articles/saudi-railway-254m-chf-export-credit-facility-for-10-trains-2026/data/export-credit-facility?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/saudi-railway-254m-chf-export-credit-facility-for-10-trains-2026/data/export-credit-facility?lang=en&format=csv) ## Sources - [Latham & Watkins]() (Source checked: 2026-10-20; Published: 2026-10-01) --- Cite the canonical URL above. [Editorial standards and corrections](https://newsverum.com/en/editorial)