Paul Hastings LLP, a leading global law firm, represented HSBC Bank Canada, J.P. Morgan Chase, Barclays Bank PLC, Royal Bank of Canada, UBS Limited, Standard Bank, Wells Fargo and BNP Paribas in a new $375 million revolving credit facility for CHC Helicopter S.A. in connection with CHC Group Ltd.’s IPO.
CHC Group, Ltd. is the parent company of the world’s largest commercial operator of helicopters CHC Helicopter S.A. The financing replaced the borrower’s $375,000,000 existing credit facility. The Administrative Agent was HSBC Bank plc; the Collateral Agent was HSBC Corporate Trustee Company (UK) Limited; and the Joint Lead Arrangers were HSBC Bank Canada, J.P. Morgan Securities LLC, Barclays Bank PLC, RBC Capital Markets and UBS Securities LLC.
