CHC Helicopter Corporation increases securitization

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.