LEASE CORPORATION INTERNATIONAL AND KKR FINANCIAL HOLDINGS LLC ANNOUNCE STRATEGIC INVESTMENT IN LCI'S HELICOPTER LEASING BUSINESS

摘要

Lease Corporation International (LCI), a Libra Group company, and KKR Financial Holdings LLC (KFN), a specialty finance company managed by a subsidiary of KKR & Co. L.P., have entered into a definitive agreement under which KFN has agreed to invest in excess of $100 million in LCI Helicopters Ltd (LCIH), the helicopter leasing subsidiary of LCI, in exchange for a minority stake in LCIH's common equity. The strategic investment will allow LCIH to grow its fleet significantly and advance its leadership position in the rapidly expanding helicopter leasing business.