Waypoint Leasing has entered into an agreement to be purchased by Macquarie Group (Macquarie) for approximately $650 million. Macquarie Rotorcraft Leasing will combine the Waypoint helicopter assets and management platform with its own portfolio and employ the Waypoint staff. To facilitate the completion of its sale to Macquarie, Waypoint has received commitments from a consortium of several of its existing lenders for $45 million of debtor-in-possession (DIP) financing. The DIP financing will provide Waypoint with ample liquidity to continue operating in the ordinary course during its Chapter 11 bankruptcy case. “This is a momentous step forward in achieving our goal

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