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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
CIT Agents $325MM Credit Facility to LCI Helicopters
Thursday, October 2, 2014
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Lenders/Participants
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CIT Group [Joint Lead Arranger, Administrative Agent]
CIT Bank [Lender]
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Structure
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Senior Secured Credit Facility
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Amount
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$325.000
Million
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Borrower(s)
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LCI Helicopters
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Description
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The facility will be used to acquire new medium and heavy twin engine helicopters for onward lease to helicopter operators and includes an option to increase the facility size to $425 million. Terms of the transaction were not disclosed.
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Industry
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Aircraft Leasing
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| Related Tags |
CIT Bank, CIT Group
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ABL Advisor
Deal Tables
2025
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