Lobo Leasing announces $250M Master Lease Facility Agreement with CHC

Lobo Leasing announces $250M Master Lease Facility Agreement with CHC

25-Feb-2014 Source: Lobo Leasing

Lobo Leasing Limited (“Lobo Leasing”) a global commercial helicopter leasing company are pleased to announce that they have entered into a master lease arrangement with CHC Helicopter (CHC), a leading provider of crew transport, search-and-rescue and MRO services to the world-wide helicopter market. The facility provides for both the sale and leaseback and new-delivery lease financing of medium and heavy helicopters including Sikorsky and Agusta Westland models located in Europe, Africa, Asia and South America. An initial closing of the facility took place in January 2014 with additional deliveries planned throughout the year.

About Lobo Leasing

Lobo Leasing is a Dublin, Ireland based helicopter leasing company serving the global helicopter industry. Lobo Leasing is managed by a seasoned team of helicopter professionals with extensive experience in the commercial helicopter industry. Lobo Leasing is focused on assisting helicopter operators throughout the world on acquiring aircraft through innovative leasing arrangements. The firm has offices in Dublin, Ireland and San Francisco, California. Additional information can be found at www.loboleasing.com.

About CHC Helicopter

CHC is a commercial operator of helicopters focused on enabling customers to go further, do more and come home safely. CHC provides helicopter flight services to oil and gas companies and government search-and-rescue agencies, and helicopter maintenance, repair and overhaul services to organizations through the Heli-One segment. The company is headquartered in Vancouver and operates more than 250 aircraft in about 30 countries around the world.

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