Alantra’s private debt fund invests €25mn in Habock to boost its expansion

Date 15 March 2017

Type Alternative Asset Management

Madrid– Alantra’s private debt fund has completed its seventh investment by means of an up to €25mn senior financing to Habock, one of the leading civil helicopter operators in Spain.

This transaction, signed last March 8, will allow Habock to refinance its indebtedness and support the company’s expansion both organically and inorganically through potential acquisitions. The bullet financing structure (amortization due at the end of the loan term) will allow the company to allocate its cash generation to its operating commitments.

This transaction provides Habock with financial stability to accomplish its mid- and long-term growth plan and reinforces the rising trend of alternative financing sources in Spain.

About Alantra Private Debt

Alantra Private Debt, created in 2014 to promote different debt funds, currently advises AlterAlia, a private debt closed-end fund with Assets under Management of €140 million. With €90mn invested in seven transactions, AlterAlia is one of the most active debt funds in the Spanish mid-market.