LCI launches US$100 million helicopter co-investment vehicle with Thora Capital and RIVE Private Investment

Helicopter lessor LCI, the aviation division of the Libra Group, has strengthened its leasing platform with the establishment of a new co-investment vehicle with Thora Capital and RIVE Private Investment as partners.

The transaction covers six Leonardo AW139s and three Airbus H130 helicopters, all of which have long-term, secure debt financing in place. The helicopters, which are valued at over US$100 million, are currently deployed in Australia and the U.S.A. LCI will act as servicer for the co-investment vehicle.

The new arrangement is Thora Capital and RIVE Private Investment’s first with LCI, and follows the successful closure by LCI of a similar co-investment vehicle in late 2019.