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ABS

CHC Helicopter Increases Trade Receivable by $55Mln

Published Updated 1 Min Read

Finacity Corp., together with Norddeutsche Landesbank (NORD/LB), has facilitated the size increase to $55 million of a European trade receivables securitization for CHC Helicopter.

CHC Helicopter is headquartered in Canada and is a provider of helicopter support to the oil and gas industry, search and rescue, helicopter training, repair and overhaul.

CHC Helicopter operates around 270 aircraft in 35 countries.  

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