Siena Lending Group completed a $15 million credit facility for Rotorcraft Leasing Company to refinance its existing senior debt and to support its working capital needs. Rotorcraft is an investment of Bain Capital Credit, formerly known as Sankaty Advisors.

Headquartered in Broussard, LA, Rotorcraft provides helicopter transportation of personnel, parts and equipment to and from offshore platforms and rigs for customers primarily engaged in oil and gas production in the shallow waters of the Gulf of Mexico.

David Grende, president and CEO of Siena Lending Group, said, “We are pleased to provide a flexible asset-based facility to Rotorcraft that will help them get through the current challenging landscape in the oil and gas industry. The management team of Rotorcraft and Bain have done a tremendous job given the softness in the industry.”