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Published on 1/4/2012 in the Prospect News Bank Loan Daily.

Era Group completes $350 million revolving credit facility

By Sara Rosenberg

New York, Jan. 4 - Era Group Inc. closed on a new $350 million senior secured revolving credit facility, according to a news release.

As of Dec. 31, the company had about $252 million drawn under the revolver, of which $200 million was used to repay some intercompany advances.

Era Group is a Lake Charles, La.-based helicopter operator.


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