Monday, September 23, 2013
Milestone Acquires Funds for Bristow Airframes
Milestone Aviation Group (Stand J50) has closed on a $300-million credit facility, to be used for acquiring and leasing helicopters valued at $400 million to affiliates of Bristow Group Inc. The assets include Sikorsky S-92, Eurocopter EC225 and AgustaWestland AW189 and AW139 types.
Said Milestone Chairman and CEO Richard Santulli: “We structured this transaction with Bristow and worked together to bring it to completion. The proceeds will allow us to continue to support Bristow while diversifying our sources of capital.”
|Greater Manchester Police MD902 Explorer
lands at Helitech 2011 in Duxford.
Photo by Andrew Parker, Editor-in-Chief
For more visit www.milestoneaviation.com