Erickson Air-Crane Completes Restructuring and Debt Refinancing

Represented Erickson Air-Crane in its restructuring from a limited liability company to a corporation and its subsequent refinancing of its debt with KeyBank NA.

In 1971, Erickson Lumber Company, owned by second-generation logger and entrepreneur, Jack Erickson, leased an S-64E Skycrane helicopter from Sikorsky Aircraft and renamed the company Erickson Air-Crane. Today, the S-64F model has an external load capacity of 25,000 pounds at sea level.