The Corporate Private Debt team concluded a financing transaction with Airmedic enabling the company to expand its fleet of airplanes and helicopters, as well as invest in additional medical equipment. Echo Aviation Leasing Corporation acted as both advisor and loan servicing agent to the transaction.
Fiera Private Debt was flexible with the credit facility parameters during COVID-19 to meet Airmedic’s evolving business needs and capex requirements. We also upsized the facility during the pandemic to support the company’s growth.
Airmedic is a leader in aeromedical evacuation in Quebec and offers comprehensive medevac services across the province to civilians, corporations and the government.