NEWS
Paul Hastings Advises Wells Fargo Bank in $500 Million Financing for Erickson Air-Crane
May 03, 2013
Los Angeles, CA-- Paul Hastings, a leading global law firm, announced today that the firm represented lead arranger Wells Fargo Bank, N.A., in connection with a first lien ABL facility for Erickson Air-Crane Incorporated, a global provider of air transport services. The total financing consisted of a $100 million first lien ABL facility and a $400 million second lien notes offering. A portion of the notes proceeds were used as financing for the acquisition of Evergreen Helicopters, Inc.
Jennifer Yount and Jennifer Hildebrandt led the Paul Hastings team, which also included Norman Futami, Scott Flicker, Joanne Yang, Claudia Kye, and Sarah Hong.
Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.
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Becca Hatton