Helicopter Investor

CHC Helicopter Corporation increases securitization

by · September 2

CHC Helicopter has increased an existing receivables securitization with Nord LB from $40 million to $55 million.

Finacity Corporation, a specialist securitization boutique, arranged the deal. It arranged CHC’s first securitization in 2009 where the helicopter operator sold $40 million in recievables to NordLB’s Hannover Funding Company LLC commercial paper conduit.

Tags:

Terry Spruce

Terry is Senior News Editor and writes for both Corporate Jet Investor and Helicopter Investor. He is also responsible for our helicopter guides. Terry has been an aviation enthusiast since the early 1970s. He is a lapsed Private Pilot and ex-Piper Cherokee owner. He has flown a number of light aircraft and is comfortable sitting in the co-pilot's seat or the back of any aircraft. Before moving to journalism he was a banker for 20 years. You can contact him at: terry@corporatejetinvestor.com or follow him on twitter @Terry_Spruce

You may also like...