Latham Advises on IAC’s Inaugural Investment Grade Financing

Latham & Watkins has advised International Aerospace Coatings (IAC), a global leader in aircraft painting and aviation services, on the completion of a strategic financing, which included IAC’s inaugural issuance of 4(a)2 private placement notes with an investment grade rating.  The financing raised more than US$240 million of capital from leading infrastructure lenders with proceeds being used to refinance IAC’s existing credit facilities and drive IAC’s continued growth and global expansion.

The Latham team was led by infrastructure partners Conrad Andersen and Warren Lilien, counsel Amanda Fortuna, and associates Will Davidson and Mariana de Medeiros Ferez, with assistance from Chidi Onyeche. Corporate support for the transaction was led by Houston partner Lauren Anderson, with associates John Daywalt and Caroline Silverstein.