Chorus Aviation Inc.

Chorus Aviation in its $75 million bought deal offering of 5.75% Senior Unsecured Debentures

Client

Chorus Aviation Inc.

Value

$75 million

Service

Capital Markets

Date Closed

December 2019

Lead Office

Toronto


 

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).


Team
Alex Gorka
Key Contact

Alex Gorka

Partner, Corporate

Timothy  Hughes

Timothy Hughes

Partner, Taxation

Tara  Law

Tara Law

Counsel, Corporate

Kevin Feng

Kevin Feng

Associate, Corporate

Marta Rochkin

Marta Rochkin

Associate, Financial Services