HMC services a broad mix of government, corporate, and retail customers by providing air charter transportation and regular passenger transportation in Western Australia, as well as various tourism and support services primarily in Australia’s iconic east Kimberley region.
PGIM first began discussions with HMC in 2024 due to PGIM’s experience in the sector and our approach to creating bespoke solutions for our borrowers. In mid-2025, HMC was seeking a capital partner to refinance its existing debt facilities and support its growth initiatives, particularly with the expansion of high-capacity air charter services through its award-winning Nexus Airlines banner.
In late December 2025, HMC and PGIM closed a tailored, term-debt financing solution for HMC. PGIM’s funding was used to refinance existing bank debt with a patient non-amortising term facility and provide additional capital for the growth. PGIM’s local experience in the aviation and contract charter sector facilitated a deep understanding of HMC’s strategy, value proposition, and growth ambitions. HMC appreciated PGIM’s market knowledge and solutions-oriented approach to craft a bespoke financing structure for the platform.
We valued the opportunity to partner with HMC and its shareholders on this transaction. We look forward to supporting the Company’s growth ambitions as it continues to deliver best-in-class aviation and tourism services to regional Australia.
