Eliance Group’s Acquisition of Five Airbus Helicopters

Dentons advises Grupo Eliance and the bondholder’s syndicate led by MEAG on the acquisition of five Airbus helicopters and financing of the acquisition price of a fleet of €100 million.

Eliance Group completed the acquisition of five (5) new Airbus Helicopters from the Waypoint Group.

The financing of this acquisition was made through the bond issue by the Eliance Group.

This new acquisition allows the Eliance Group (one of the leading helicopter operators in Spain) to increase its fleet, strengthening its position in the medicalised helicopters assistance sector.

Dentons team inlcuded Jabier Badiola (managing partner of Dentons España and responsible for the Banking & Finance area of Dentons in Spain), who led the operation, with the assistance of Ignacio Corujo, partner of the Capital Markets department in charge of the issue, and Ignacio Fernandez, associate of the Banking & Finance department, helping with the acquisition of the aircraft. They were joined by Luis Belart, counsel in the Banking & Finance department, and Ana Artola, associate in the Banking & Finance department. On behalf of Dentons Chile, the operation was led by Juan Vigon, partner of the Banking & Finance department.

Involved fees earner: Jabier Badiola Bergara – Dentons; Luis Belart – Dentons; Ignacio Corujo – Dentons; Ignacio Fernández – Dentons; Juan Vigon – Dentons;

Law Firms: Dentons;

Clients: Eliance Group; MEAG MUNICH ERGO AssetManagement GmbH;