Dechert Advises Versa Capital Management on Silver Airways’ US$50 Million Financing
Dechert advised Versa Capital Management, LLC in connection with US$50 million of new capital raised by its portfolio company Silver Airways through the placement of senior secured convertible notes.
Silver Airways operates regional passenger networks in Florida, the Bahamas, and the Caribbean, and provides regional cargo services with five ATR-500 aircraft operating out of Ft. Worth, Texas.
The Dechert team included corporate partners Eric Siegel and Jonathan Stott and associate Kenneth Winterbottom and tax partner Joshua Milgrim and associate Harris Cornell.
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Dechert is a leading global law firm with 22 offices around the world. The firm advises on matters and transactions of the greatest complexity, bringing energy, creativity and efficient management of legal issues to deliver commercial and practical advice for clients.