Platinum Equity’s buyout of Pattonair to include dollar-denominated bonds via Deutsche Bank

By Paul A. Harris

Portland, Ore., Aug. 22 – Platinum Equity's leveraged buyout of Derbyshire, England-based Pattonair will include proceeds from the sale of dollar-denominated bonds, according to a Monday press release.

Deutsche Bank will lead the bond deal.

The buyout, which sees Platinum Equity acquiring Pattonair from Exponent Private Equity, is expected to close during the fourth quarter of 2017.

Rothschild & Co. is acting as financial adviser and Latham and Watkins is acting as legal counsel to Platinum Equity on the acquisition.

Pattonair is a global supply chain provider which supports engine and airframe manufacturers and maintenance, repair and operations customers. It offers service though dedicated facilities in Singapore, China, Poland, Brazil, Canada and five cities in the United States.

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