Project Skylake

FULLY SUBSCRIBED

Helicopter manufacturing and service company with stable cash flow and strong asset coverage is raising $12,500,000 of senior debt.


Total Return: Undisclosed, Floating (net)

$12,500,000  Total Availability

 

 

  • Total Loan Size: $12,500,000
  • Loan Priority: Senior Secured
  • Cash Interest Rate (net, annualized): Undisclosed
  • Term Length: 3 years
  • Loan Amortization: Undisclosed

COMPANY OVERVIEW
CrowdOut is inviting sophisticated investors to participate in a senior secured term loan facility to a private equity group’s acquisition of a light aircraft division from a Fortune 100 defense and aerospace manufacturer. The Company is acquiring helicopter parts and shipsets with a high appraisal value. In addition to the inventory, the Company acquiring the helicopter’s type certificate and intellectual property, which will allow the Company to be the exclusive parts manufacturer and supplier to more than 1,700 existing helicopters in use.

CrowdOut is seeking investors to join us in providing a $12.5 million term loan. The term loan will have a floating monthly interest rate. In conjunction with acquisition, the Company has already secured a purchase order from a national aviation corporation for a significant number of helicopter shipsets. This purchase order will provide the Company with immediate cash flow, further increased demand for parts and maintenance, and subsequently de-risks our term loan. The Company has over 15 years of experience acquiring other corporate orphans and successfully operating them as stand-alone, cash flowing enterprises.

NON-DISCLOSURE FORM: To receive more information, please complete this Non-Disclosure Form and we will reach out to you directly.

THIS LOAN IS SUBJECT TO FINAL CONFIRMATORY DILIGENCE AND DOCUMENTATION.

INVESTMENT HIGHLIGHTS

    • Strong Asset Coverage: CrowdOut is lending at low loan-to-value on appraised assets
    • Committed, Experience Management Team: Strong management team with extensive experience managing and operating helicopter manufacturing and service businesses
    • Stable Cash Flow from Parts Business: Existing helicopter base requires annual maintenance providing an ample source of parts and service cash flow

Total New Capital: $12,500,000 (Senior Term Debt provided by CrowdOut)

Offline Payment Instructions:

CrowdOut will securely initiate bank transfers via ACH from your account. Monthly interest and principal will be remitted to your account directly.

NON-DISCLOSURE FORM: To receive more information, please complete this Non-Disclosure Form and we will reach out to you directly.

The forward-looking statements included on this website, INCLUDING any PROJECTIONS SET FORTH herein, are not historical facts or guarantees of performance, but rather are based upon the Company’s expectations, estimates and projections.  Words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “hopes,” “estimates,” “projects,” “forecasts,” “potential” and similar expressions and variations of these expressions, or future or conditional words such as “will,” “would,” “should,” “could,” or “may,” are intended to identify forward-looking statements.  Forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, many of which are beyond the control of the Company, are difficult to predict, and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements.  These risks and uncertainties include those described below in the section entitled “RISK FACTORS AND CERTAIN CONFLICTS OF INTEREST.” NO ASSURANCE CAN BE GIVEN THAT YOUR INVESTMENT OBJECTIVES WILL BE ACHIEVED.  The Company does not assume any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. You are cautioned not to place undue reliance on forward-looking statements.