Waypoint to pay down revolver with proceeds of $200 million of notes

By Wendy Van Sickle

Columbus, Ohio, Sept. 8 – Waypoint Leasing will pay down its secured revolving credit facility with some proceeds of a $200 million private placement of senior secured notes, according to press release.

Proceeds will also be used to continue expansion of the business, the company said.

Waypoint is a helicopter leasing company based in Limerick, Ireland.

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