Watson Farley & Williams (WFW) has advised Flexam Invest (Flexam) on a co-investment vehicle containing five helicopters which include three Leonardo AW139 and two Sikorsky S92 owned by LCI Helicopters. The investment was made by way of subscription for preference shares in the aircraft owning entity, LCI Helicopters Twenty Three Designated Activity Company and was guaranteed by LCI Helicopters. With offices in London, Paris, Luxemburg and Brussels, Flexam focusses on investing in tangible industrial assets backed by rental contracts that provide regular cash flows. LCI first entered the helicopter leasing marketplace in 2012 with a $400 million order for a
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