Vedder Price Represents Thora Capital, LLC in $100m Helicopter Portfolio Investment
Vedder Price is pleased to announce its role as counsel to Thora Capital, LLC in its portfolio investment with helicopter lessor LCI Helicopters (UK) Limited. The portfolio includes nine helicopters worth more than $100m. LCI will be servicer for six Leonardo AW139s and three Airbus H130 helicopters.
Global Transportation Finance Shareholder Edward Gross (U.S.), Partner Neil Poland (UK) and European Head of Private Equity and Corporate Andrew Harris led the team from Vedder Price. A number of associates provided significant support for this transaction, including Melissa Kopit, Erich Dylus and Jonathan Rauch (DC) and Jon Edgelow and Gerry Kelly (UK).
“We are pleased to have worked with Thora Capital on this transaction that will allow for continued investments,” said Mr. Gross. Mr. Poland continued, “This investment demonstrates the strength of the helicopter asset class and we look forward to our continued partnership with Thora.”
Mr. Harris added, “This transaction further underscores the depth of knowledge on the corporate side of these deals, whether in the transportation finance space or beyond. I’m proud of the teamwork displayed between practice groups to deliver a successful outcome for our client.”
Vedder Thinking | News Vedder Price Represents Thora Capital, LLC in $100m Helicopter Portfolio Investment
Press Release
May 21, 2020
Vedder Price is pleased to announce its role as counsel to Thora Capital, LLC in its portfolio investment with helicopter lessor LCI Helicopters (UK) Limited. The portfolio includes nine helicopters worth more than $100m. LCI will be servicer for six Leonardo AW139s and three Airbus H130 helicopters.
Global Transportation Finance Shareholder Edward Gross (U.S.), Partner Neil Poland (UK) and European Head of Private Equity and Corporate Andrew Harris led the team from Vedder Price. A number of associates provided significant support for this transaction, including Melissa Kopit, Erich Dylus and Jonathan Rauch (DC) and Jon Edgelow and Gerry Kelly (UK).
“We are pleased to have worked with Thora Capital on this transaction that will allow for continued investments,” said Mr. Gross. Mr. Poland continued, “This investment demonstrates the strength of the helicopter asset class and we look forward to our continued partnership with Thora.”
Mr. Harris added, “This transaction further underscores the depth of knowledge on the corporate side of these deals, whether in the transportation finance space or beyond. I’m proud of the teamwork displayed between practice groups to deliver a successful outcome for our client.”
