WFW advises Eliance on debt refinancing and additional loan facility
Watson Farley & Williams advised Spanish emergency air transport services provider Eliance Holding Company on refinancing its existing group debt and additional facility for capex and growth.
The refinancing of the debt, which was provided by funds managed by Infranity, forms part of Swiss Life Asset Management’s April 2025 acquisition of a majority stake in Eliance. RiverRock Brownfield Infrastructure Funds remains a minority shareholder.
Madrid-headquartered Eliance operates a fleet of over 90 helicopters and fixed-wing aircraft. The company offers emergency medical transport, firefighting, and search and rescue services. Its aircraft are registered in Spain, Italy, and Chile.
The cross-border Aviation & Aerospace team that advised Eliance was led by London Assets & Structured Finance partner Louise Mor, Madrid Asset Finance partners Alfredo Cabellos and Laura Cadenas and Rome Finance partner Michele Autuori. They were supported by senior associate Abi Carter, associates Louis Brunet and Sam Jones and trainee Aditya Ashok in London. Senior associate Daniel Refoyo Dominguez and associates Leonor Mingorance and Joana Roca in Madrid. And, also, senior associates Alessandro Di Carlo, Francesco Saverio Seri and Davide Canepa, associate Beatrice D’Amato and trainee Flavia Piccioni in Rome and Milan.
