QIC Private Debt Infrastructure has committed €50 million ($54 million) in junior loan financing to HES International BV (HES), one of Europe’s largest independent portfolios of dry and liquid bulk port facilities.
HES is headquartered in Rotterdam and has been handling bulk raw materials since 1908. The company provides dry and liquid bulk storage and handling services that form a mission-critical part of the supply chain for a diversified set of end markets across multiple dry and liquid commodities. HES has a footprint of 15 terminals across five jurisdictions, including a key presence in European deep draft ports and the Amsterdam-Rotterdam-Antwerp region.
The QIC junior loan forms part of a €220 million ($239 million) six-year sustainability-linked junior loan financing for HES and is part of a €1 billion ($1.1 billion) debt capital raise by HES to further support the company’s growth and diversification strategy.
Nicholas Stockdale, partner and h
