QIC has announced the successful close of a €30 million ($34.7 million) financing to SAF Aerogroup, a French aerial emergency services provider, highlighting the growing presence, origination capability and sponsor relationships QIC Private Debt has in the European infrastructure debt market. The five-year, bilateral financing supported the acquisition of SAF by Infracapital, the infrastructure private equity investment arm of M&G, and Vesper Infrastructure Partners.
Founded in 1979, SAF Aerogroup provides mission-critical aerial emergency medical, firefighting and humanitarian logistics support services under long-term contracts with governments, local authorities and international organizations to help them meet their most critical challenges. The company operates a fleet of approximately 90 helicopters on more than 30 bases primarily located in France.
QIC Private Debt’s Xi Chen said the transaction demonstrated QIC’s ability to structure bespoke financing
