Chorus Aviation

Chorus Aviation in its US$374 million investment by Brookfield

Client

Chorus Aviation

Value

US$374 million

Service

Mergers and Acquisitions

Date Closed

May 2022

Industry

Aerospace & Defence

Lead Office

Toronto

 

On May 3, 2022, Chorus Aviation, a global provider of integrated regional aviation solutions, announced that Brookfield, through its Special Investments program, and together with institutional partners, completed its strategic equity investment in Chorus Aviation in connection with Chorus Aviation’s acquisition of Falko Regional Aircraft Limited and equity interests in certain aircraft funds managed by Falko. Conditional upon closing the acquisition, Brookfield will invest US$374 million in Chorus, including US$300 million of preferred equity and US$74 million of common equity. 

Osler, Hoskin & Harcourt LLP advised Chorus Aviation with a team led by Alex Gorka and consisting of Kevin Feng and Anxhela Adhamidhis (Corporate) and Greg Wylie (Tax).