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MailTribune.com
  • Local business

  • Erickson Air-Crane unveiled plans for paying for two acquisitions announced last month.
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  • Erickson Air-Crane unveiled plans for paying for two acquisitions announced last month.
    The helicopter company whose main manufacturing and maintenance plant is outside Central Point, said it intends to offer $400 million of seven-year second-priority senior secured bonds to help finance its $250 million acquisition of Evergreen Helicopters from Evergreen International Aviation Inc., based in McMinnville.
    The company said the notes will be guaranteed by existing and future domestic subsidiaries.
    Erickson added that proceeds may be applied to its proposed acquisition of Brazilian firm, Air Amazonia Servicos Aereos Ltda.
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