Germany, July 9 -- Altogether, KfW IPEX-Bank and NORD/LB are making around EUR 122 million available to Rhein-Neckar-Verkehr GmbH (rnv). KfW IPEX-Bank has taken on the role of syndicate leader, while NORD/LB is also acting as account bank. Alongside the commercial syndicate financing, the European Investment Bank (EIB) is providing a long-term loan. Overall, the investment volume of the total procurement including the ordering of optional vehicles and price adjustments tops EUR 400 million.The funds will be used to acquire 34 new trams. rnv is taking an option from the tram order from 2018, which was also financed by KfW IPEX-Bank and NORD/LB and used to acquire 80 trams of the same type. In addition, another part of the loan is being used ...