GLAS supports €190m refinancing of Eliance Holding Company

GLAS is pleased to have supported the €190 million refinancing of Eliance Holding Company, S.L., a leading provider of aerial emergency services.

The GLAS team in Madrid acted as Agent and Security Agent on this transaction, which includes a €140 million Term Loan Facility and a €50 million Capex Facility.

The financing, led by Infranity, a Paris-based asset manager that specialise in sustainable infrastructure, will support Eliance’s long-term growth and operational resilience.

This refinancing will enable Eliance to continue investing in its mission-critical operations across Spain, Croatia, Chile, and Italy.

About Eliance

Eliance is a Spanish aerial emergency services provider operating a fleet of over 100 helicopters and fixed-wing aircraft. The company delivers essential services such as emergency medical transport, search and rescue, and firefighting, primarily under public contracts in Spain and Italy.

About GLAS

GLAS was established in 2011 as an independent provider of institutional debt administration services. The company was originally created to provide the market a willing participant in complex loan restructuring transactions where many large institutions are reluctant to take swift and cooperative action. It offers a wide range of administration services developed specifically for the debt market.

GLAS is recognised as the premier independent, non-creditor, conflict-free provider of loan agency and bond trustee services, with excess of $500bn of assets under administration on a daily basis. For more information, contact media@glas.agency.