CHC Helicopter Increases Trade Receivable by $55Mln
February 2, 2010
Finacity Corp., together with Norddeutsche Landesbank (NORD/LB), has facilitated the size increase to $55 million of a European trade receivables securitization for CHC Helicopter.
CHC Helicopter is headquartered in Canada and is a provider of helicopter support to the oil and gas industry, search and rescue, helicopter training, repair and overhaul.
CHC Helicopter operates around 270 aircraft in 35 countries.
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