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Published on 8/1/2011 in the Prospect News PIPE Daily.

Era Group to price its initial public offering of class A common stock

Sale made via underwriters Goldman Sachs, JPMorgan, Deutsche Bank

By Devika Patel

Knoxville, Tenn., Aug. 1 - Era Group Inc. said it plans its initial public offering of class A common stock.

The company said it has filed a registration statement with the Securities and Exchange Commission for the offering.

The sale is expected to be made through an underwriting group led by Goldman, Sachs & Co., J.P. Morgan Securities LLC and Deutsche Bank Securities Inc.

The Lake Charles, La., company is one of the largest helicopter operators in the world and a subsidiary of Seacor Holdings Inc.


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