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Posted On: 12/04/2012 4:00:15 PM
Post# of 28540
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Posted By: testname
HOUSTON, TX--(Marketwire - Dec 4, 2012) - Era Group Inc., a Delaware corporation (the "Company" or "Era Group"), and a wholly-owned subsidiary of SEACOR Holdings Inc., today announced that it had priced an offering of $200.0 million in aggregate principal amount of 7.75% Senior Notes due 2022. The transaction is expected to close on December 7, 2012. The Company plans to use net proceeds to repay borrowings outstanding under its revolving credit facility.

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