Cases & Deals

Finacity increases existing trade receivables securitization facility for CHC Helicopter

Clients Finacity Corporation

Jones Day represented Finacity Corporation, a specialty finance company, in connection with a successful increase to $75 million of an existing 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. The program upsize involved the addition of Australian combined with European receivables. 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.

We use cookies to deliver our online services. Details of the cookies and other tracking technologies we use and instructions on how to disable them are set out in our Cookies Policy. By using this website you consent to our use of cookies.