Milestone Aviation Group announced it has closed on an unsecured $200 million revolving credit line. SunTrust Robinson Humphrey served as joint lead arranger and sole bookrunner, and J.P. Morgan Securities and Deutsche Bank Securities served as joint lead arrangers. Other participating lenders included: Jefferies Finance, Nomura Corporate Funding Americas, Bank of America and The Huntington National Bank.

The new facility increases Milestone’s unsecured borrowing capacity to 450 million and revolving borrowing capacity to $800 million. The announcement follows on the heels of the company’s January 7, 2014 announcement that it had successfully completed the private placement of $575 million of senior secured notes.

“This revolver increases Milestone’s liquidity and provides greater financial flexibility to exploit the many opportunities we see to grow our business and serve our customers,” said Milestone’s chairman and CEO Richard Santulli. “We believe that receiving this level of support in an unsecured facility from such an impressive group of financing partners reflects confidence in Milestone and our business model. We will use these additional resources to respond quickly to the needs of our operating partners around the world.”

Milestone Aviation Group is a global provider of helicopter leasing.