On December 6, 2019, Chorus Aviation Inc. announced the closing of its $75 million bought deal offering led by CIBC Capital Markets and RBC Capital Markets. The funding will be used to finance the growth of Chorus Aviation Capital, Chorus Aviation Inc.’s aircraft leasing business. The proceeds will also be used to acquire aircraft intended for lease to third parties along with funding working capital requirements.
Chorus Aviation Inc. is a global provider of integrated regional aviation solutions. The firm has a focus on aviation support services such as aircraft acquisitions and leasing, refurbishment, engineering, modification, repurposing and preparation, contract flying, maintenance, disassembly and parts provisioning.
Osler, Hoskin & Harcourt LLP advised Chorus Aviation Inc. with a team consisting of Alex Gorka (Corporate), Timothy Hughes (Taxation), Tara Law, Kevin Feng (Corporate) and Marta Rochkin (Financial Services).