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QIC writes $225m loan for North American airline

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QIC’s infrastructure private debt team is hitching a ride on State Street’s North American airline business Porter Aviation Holdings, as it eyes new flying routes across the region.

Porter is developing a passanger terminal at the Montreal airport in partnership with Macquarie Asset Management.  

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/qic-writes-225m-loan-for-north-american-airline-20240613-p5jlj3