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09
MILESTONE AVIATION GROUP CLOSES US$ 200 MILLION UNSECURED REVOLVING CREDIT LINE

Dublin, Ireland – Milestone Aviation Group, the global leader in helicopter leasing, announced today that it has closed on an unsecured US$ 200 million revolving credit line. The new facility increases Milestone’s unsecured borrowing capacity to US$ 450 million and revolving borrowing capacity to US$ 800 million. Today’s announcement follows on the heels of the company’s January 7, 2014 announcement that it had successfully completed the private placement of US$ 575 million of senior secured notes.

“This revolver increases Milestone’s liquidity and provides greater financial flexibility to exploit the many opportunities we see to grow our business and serve our customers,” said Milestone’s Chairman and CEO Richard Santulli. “We believe that receiving this level of support in an unsecured facility from such an impressive group of financing partners reflects confidence in Milestone and our business model. We will use these additional resources to respond quickly to the needs of our operating partners around the world.”

A global mix of seven lenders participated in the facility. SunTrust Robinson Humphrey, Inc. served as Joint Lead Arranger and Sole Bookrunner and JPMorgan Securities LLC and Deutsche Bank Securities Inc. served as Joint Lead Arrangers. The other participating lenders include: Jefferies Finance LLC; Nomura Corporate Funding Americas, LLC; Bank of America, N.A.; and The Huntington National Bank.

ABOUT MILESTONE AVIATION GROUP
Milestone Aviation Group is the global leader in helicopter leasing. The company partners with helicopter operators worldwide and supports them through 100 per cent operating lease financing. Milestone provides financing for helicopters, serving a variety of industries, including offshore oil and gas, search and rescue, emergency medical services, police surveillance, mining and other utility missions. Since launching in August 2010, and as of September 30, 2013, Milestone had acquired more than 115 helicopters valued at over US$ 1.7 billion and closed leases with 25 operators in over 20 countries on six continents. Further information is available at www.milestoneaviation.com.

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