Jefferies-Led $1.1 Billion Loan Sale Pulled for Air Methods
Air Methods paramedics on an air ambulance helicopter at the South Albany Airport in Selkirk, New York.
Photographer: Lori Van Buren/Albany Times Union/Getty ImagesAir Methods Corp. scrapped a planned $1.1 billion leveraged loan sale, according to people with knowledge of the matter.
A group of lenders led by Jefferies Financial Group Inc. launched the deal for the helicopter ambulance company earlier this month, but withdrew the transaction from the syndicated market, said the people, who requested anonymity to discuss a private transaction.