Winter Harbor LLC

Air Industries Group

Integrated Flight Manufacturer Seeks Extension on Term Loan

 

Air Industries Group is an integrated manufacturer of machine components, mechanical assemblies, precision sheet metal assemblies and electronic enclosures, focused on flight critical applications. They supply their materials to the military, aerospace and defense industry, characterized as working in the Industrial sector. Air Industries Group produces $50 million in annual revenue.

Our Role

Winter Harbor served as Financial Advisor to Air Industries Group. Thus far, during the engagement, we have built 13-week cash flows to assist the Company in negotiations with its secured lender on the refinancing of its bank debt.

Engagement Outcome

Winter Harbor is currently in negotiations with the Company’s senior lender regarding an extension on its term loan and revolver.