Waypoint Leasing Holdings and certain of its subsidiaries filed voluntary petitions for relief under Chapter 11. Houlihan Lackey is acting as investment banker for the company during the bankruptcy process.
Waypoint Leasing, the largest independent global helicopter leasing company, closed on a new $87.5 million term loan facility led by Sumitomo Mitsui Banking and MUFG.
Waypoint Leasing closed a $575 million revolving credit facility led by KeyBank’s specialty finance lending unit.
Waypoint Leasing closed a $100 million term loan facility led by Lombard North Central.
Waypoint Leasing said it has raised a further $300 million in term loans to refinance existing assets previously funded under its revolver. Wells Fargo Securities, BNP Paribas, MUFG Union and RBC Capital Markets acted as lead arrangers.
Waypoint Leasing announced it closed a five-year $72.5 million term loan facility led by Goldman Sachs. The facility will be used to refinance existing helicopters.
Waypoint Leasing announced it closed on a five-year $335 million revolver. Credit Suisse acted as joint lead arranger, joint bookrunner and administrative agent.