Posted On: 12/04/2012 4:00:15 PM
Post# of 28540

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.

