Blackstone Unit Invests $200M In Chopper Leasing Co.

Law360, New York (February 4, 2014, 1:43 PM EST) -- Helicopter leasing company Lobo Leasing Limited said Tuesday it is receiving a $200 million equity capital investment from a Blackstone Group LP unit to expand its worldwide leasing business, which targets the energy and health care industries.

Affiliates of Blackstone division GSO Capital Partners LP are providing the capital to the Dublin, Ireland-based company to fulfill its leasing needs of its helicopter operator customers. Lobo Leasing provides helicopters around the world, particularly serving the offshore oil and gas industry and rescue emergency medical services.

“We are...
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