Finance, Taxes, Insurance
CHC Helicopter Restructures Finances
CHC Group's debt restructuring will provide more than $100 million in new capital and liquidity for the company.
CHC Group's debt restructuring will provide more than $100 million in new capital and liquidity for the company. (Photo: CHC Group)
CHC Group's debt restructuring will provide more than $100 million in new capital and liquidity for the company. (Photo: CHC Group)

Helicopter services company CHC Group announced a financial restructuring that could reduce its funded debt obligations by up to $500 million. As part of the restructuring, a substantial portion of CHC’s existing debt and equity holders agreed to provide more than $100 million in new money and liquidity-enhancing commitments.


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