Capital Markets

Chorus Aviation in its $115 million bought deal offering and $30 million concurrent private placement

Chorus Aviation Inc.
Key Contact
Alex Gorka

Partner, Corporate, Toronto

Team
Kevin Feng

Associate, Corporate, Toronto

William Heisey

Associate, Corporate, Toronto

Gregory Wylie

Partner, Tax, Toronto

On April 6, 2021, Chorus Aviation completed a $115 million bought deal public offering and concurrent $30 million private placement consisting of common shares, warrants and convertible debentures. The net proceeds of these transactions will be used in part to position Chorus to pursue growth opportunities, including purchasing additional aircraft, and repay indebtedness.

Headquartered in Halifax, Nova Scotia, Chorus is a global provider of integrated regional aviation solutions.

Osler, Hoskin & Harcourt LLP advised Chorus Aviation with a team consisting of Alex Gorka, Tara Law, Kevin Feng, William Heisey, Adriano Lepore (Corporate) and Greg Wylie (Tax).

Value
$145 million
Date Closed
April 6, 2021
Lead Office
Toronto
Key Contact
Alex Gorka

Partner, Corporate, Toronto

Team
Kevin Feng

Associate, Corporate, Toronto

William Heisey

Associate, Corporate, Toronto

Gregory Wylie

Partner, Tax, Toronto