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Deloitte Called In for AirBorn Debt Financing; Bob McGahan, Lou Paone Comment

Deloitte Called In for AirBorn Debt Financing; Bob McGahan, Lou Paone Comment - top government contractors - best government contracting event
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deloitteDeloitte Corporate Finance LLC has served as financial adviser to AirBorn for that company’s debt financing initiative.

Deloitte used its Employee Share Option Plans portfolio to examine AirBorn“™s performance and capital requirements, Deloitte said Wednesday.

Bob McGahan, chief financial officer at AirBorn, said Deloitte sought to help Airborn seek financial partners in order to establish its financial structure.

“We are proud to have acted as the exclusive financial advisor to AirBorn, Inc., and pleased that our ESOP experience and relationships with funding sources helped our client raise the capital needed to achieve their corporate objectives,” said Lou Paone, managing director at Deloitte Corporate Finance LLC.

DCF received term sheets from several financers and Goldman Sachs Specialty Lending Group and PNC Bank led the funding round.

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Written by Jay Clemens

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