Erickson, formerly known as Erickson Air Crane and Erickson Helicopters, formerly known as Evergreen Helicopters, entered into an amendment with a lender group led by Wells Fargo, as administrative agent to modify the required level of borrowing capacity to be maintained to:

  • $10 million for period from July 25, 2016 through August 29, 2016
  • $13 million for period from August 30, 2016 through September 6, 2016
  • $17.5 million from September 7, 2016 through October 2, 2016
  • $20 million from October 3, 2016 through December 31, 2016