CHC Helicopter Makes $1.1B High Yield Takeoff

Sheahan, Matthew
September 2010
High Yield Report;9/27/2010, Vol. 21 Issue 39, p27
The article reports on an agreement signed by Vancouver, British Columbia-based helicopter services company CHC Helicopter in the leveraged loan and high yield bond market for the refinancing of the company's existing debt. On September 22, 2010, the company placed 1.1 billion U.S. dollars in 9.25 percent senior secured notes due 2020. Furthermore, the company intends to terminate a 300 million U.S. dollar secured revolving credit facility.


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