Air Medical Group plans new debt financing for buyout by KKR

By Sara Rosenberg

New York, March 11 – Air Medical Group Holdings plans on getting new debt financing to help fund its acquisition by KKR from Bain Capital and Brockway Moran & Partners, according to a news release.

Morgan Stanley, Jefferies, and KKR Capital Markets are leading the debt.

Closing is expected in the second quarter, subject to customary regulatory approvals.

Air Medical is a Lewisville, Texas-based provider of air ambulance services.

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