Cases & Deals

  • Home
  • Practices
  • Finacity securitizes trade receivables for CHC Helicopter

Share

Finacity securitizes trade receivables for CHC Helicopter

October 2009

Client(s) Finacity Corporation

Jones Day represented Finacity Corporation, a specialty finance company, in connection with the $40 million trade receivables securitization facility for CHC Helicopter Corporation, a leading provider of helicopter support to the oil and gas, search and rescue, helicopter training, and repair and overhaul industries. NORD/LB's commercial paper conduit, Hannover Funding Company LLC, funded the transaction. NORD/LB's Asset Backed Finance Group structured the transaction for Hannover Funding. Finacity served as Arranger, providing analytic and structuring support and serves as ongoing Administrator.

Contacts

Before sending, please note:

Information on www.jonesday.com is for general use and is not legal advice. The mailing of this email is not intended to create, and receipt of it does not constitute, an attorney-client relationship. Anything that you send to anyone at our Firm will not be confidential or privileged unless we have agreed to represent you. If you send this email, you confirm that you have read and understand this notice.