NEW YORK, NY, April 16, 2012 – International law firm Milbank, Tweed, Hadley & McCloy LLP, led by Global Securities partner Douglas A. Tanner, acted as counsel to Erickson Air-Crane Incorporated ("Erickson") in its $38.4 million initial public offering of common stock. Erickson's common stock is listed on the NASDAQ Global Market under the symbol "EAC." Erickson used the net proceeds from the offering to pay down indebtedness under its revolving credit facility.Stifel, Nicolaus & Company, Incorporated, Oppenheimer & Co. Inc. and Lazard Capital Markets LLC acted as joint book-running managers, and D.A. Davidson & Co. and Wedbush Securities Inc. acted as co-managers for the offering. Based in Portland, Oregon, Erickson specializes in the operation and manufacture of the Erickson S-64 Aircrane (the "Aircrane"), a versatile and powerful heavy-lift helicopter. The Aircrane has a lift capacity of up to 25,000 pounds and is the only commercial aircraft built specifically as a flying crane without a fuselage for internal loads. Erickson owns and operates a fleet of 17 Aircranes, which are used to support a wide variety of government and commercial customers worldwide across a broad range of aerial services, including firefighting, timber harvesting, infrastructure construction, and crewing. Erickson also manufactures Aircranes and related components for sale to government and commercial customers and provides aftermarket...
Milbank Represents Erickson Air-Crane Incorporated In its Initial Public Offering
|Profession:||Milbank, Tweed, Hadley & McCloy LLP|
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