Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


June 02, 2015 1:08 PM ET

Airlines

Company Overview of CHC Helicopter S.A.

Company Overview

CHC Helicopter S.A., through its subsidiaries, provides helicopter services to the offshore oil and gas industry. It operates in two segments, Helicopter Services and Maintenance, Repair and Overhaul (MRO). The Helicopter Services segment offers transportation services to and from production platforms, drilling rigs, and other offshore installations and facilities in the Eastern North Sea, the Western North Sea, the Americas, the Australasia region, and the Africa-Euro Asia region. This segment also provides search and rescue, as well as emergency medical services to the government agencies and commercial operators in the United Kingdom, Ireland, and Australia. The MRO segment offers a range...

4740 Agar Drive

Richmond, BC V7B 1A3

Canada

Phone:

604-276-7500

Key Executives for CHC Helicopter S.A.

Chief Executive Officer
Director, Chief Financial Officer of Heli-One Canada Inc and Senior Vice President of Heli-One Canada Inc
Age: 56
Chief Executive Officer of Heli-One Canada Inc and President of Heli-One Canada Inc
Age: 56
President of The Helicopter Services Business - Heli-One Canada Inc and Chief Operating Officer of The Helicopter Services Business - Heli-One Canada Inc
Age: 54
President of Heli-One American Support LLC
Age: 44
Compensation as of Fiscal Year 2014.

CHC Helicopter S.A. Key Developments

CHC Helicopter Announces Executive Changes, Effective July 16, 2015

CHC Helicopter announced that Lee Eckert will be succeeding Joan Hooper as Chief Financial Officer, effective July 16, 2015. Mr. Eckert was most recently CFO of the $13 billion in sales U.S. division of National Grid Plc. The appointment of Mr. Eckert as CFO-designate, effective May 11, 2015, ensures ample time for the transition of responsibilities. Ms. Hooper will continue in her present role until the announcement of CHC’s fiscal-2015 fourth quarter results in July.

CHC Announces Expiration of its Tender Offer to Purchase up to $80 Million Aggregate Principal Amount of its Outstanding 9.375% Senior Notes Due 2021

CHC Group Ltd. announced that as of midnight New York City time on May 1, 2015, the expiration date, $20,755,150 aggregate principal amount of outstanding 9.375% Senior Notes due 2021 of CHC Helicopter S.A., its indirect wholly-owned subsidiary, had been tendered and not withdrawn in the previously announced tender offer to purchase up to $80 million aggregate principal amount of the notes. No notes were tendered after the early tender date but at or prior to the expiration date. All of the notes that were tendered and not withdrawn at or prior to the early tender date were purchased by CHC on April 21. Each $1,000 of notes represents $650 of outstanding obligations. Holders who tendered their notes and did not withdraw at or prior to the early tender date received an amount of $438.75 per $650 of notes purchased, including an early tender payment of $45.50. Additionally, accrued and unpaid interest on the purchased notes was paid from the last interest payment date to, but not including, April 21.

CHC Helicopter S.A. Announces Tender Offer to Purchase Up to $80 Million Aggregate Principal Amount of its Outstanding 9.375% Senior Notes Due 2021

CHC Group Ltd. announced that its indirect wholly owned subsidiary CHC Helicopter S.A. has commenced a cash tender offer to purchase up to $80 million aggregate principal amount of its outstanding 9.375% Senior Notes due 2021. This amount may be increased at the sole discretion of CHC. If the aggregate principal amount of notes tendered exceeds this amount, the tendered notes will be subject to proration. The early tender date for the tender offer is 5:00 p.m.New York City Time on April 17, and the expiration date is midnight New York City Time on May 1, though CHC has the discretion to extend the early tender date and/or the expiration date or terminate the tender offer at any time for any reason. Complete terms and conditions are described in CHC’s offer to purchase and related letter of transmittal, both of which are dated April 6, 2015. Each $1,000 of notes represents $650 of outstanding obligations. Holders who tender their notes at or prior to the early tender date, and have their notes accepted for purchase by CHC, will be eligible to receive an amount of $438.75 per $650 of notes purchased, including an early tender payment of $45.50. Additionally, accrued and unpaid interest on the purchased notes will be paid from the last interest payment date to, but not including, the settlement date. Holders who tender their notes after the early tender date and at or prior to the expiration date, and have their notes accepted for purchase by CHC, will be eligible to receive the tender offer consideration of $393.25 per $650 of outstanding obligations. Additionally, accrued and unpaid interest on the purchased notes will be paid from the last interest payment date to, but not including, the settlement date. Notes that have been tendered may be withdrawn at or prior to the early tender date. Holders who tender their notes after the early tender date but before the expiration date may not withdraw their notes, except in the limited circumstances described in the offer to purchase. CHC expects to settle the purchase of any notes that are tendered at or prior to the early tender date on the business day immediately following the early tender date. Likewise, CHC expects to settle the purchase of any notes that are tendered after the early tender, date but at or prior to the expiration date, on the business day immediately following the expiration date.

Similar Private Companies By Industry

Company Name Region
PASCAN Aviation Inc. Americas
Canada Jetlines Ltd. Americas
United Airlines Canada Americas
Prince Edward Air Ltd. Americas
Starlink Aviation Inc. Americas

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CHC Helicopter S.A., please visit www.chc.ca. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.