Team Guides $260M Credit Deal for Sheltair
Damaso Saavedra, Allyson Goodwin, James Govin and Paula Buzzi represented Sheltair Aviation in obtaining a $60 million revolving line of credit and refinancing a $200 million senior credit facility.
August 18, 2015 at 07:00 AM
4 minute read
Dealmakers: Damaso Saavedra, Allyson Goodwin, James Govin and Paula Buzzi
The Deal: The Saavedra Goodwin legal team represented Sheltair Aviation in obtaining a $60 million revolving line of credit and refinancing a $200 million senior credit facility to expand its facilities and make future acquisitions in a deal that closed July 15.
Fort Lauderdale-based Sheltair secured the financing from a group of lenders led by SunTrust Bank. Other participants were Fifth Third Bank, BankUnited, TD Bank, BB&T, Florida Community Bank, Capital Bank, Synovus Bank and Mercantil Bank.
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