M&A - Bristow Group Inc.

Form Type: 8-K

Filing Date: 2025-02-05

Corporate Action: Acquisition

Type: Update

Accession Number: 000152522125000007

Filing Summary: On February 4, 2025, Bristow Group Inc. reported on the borrowing related to the BLL Facilities Agreement, as part of which the company aims to finance the acquisition of five new AgustaWestland AW189 aircraft. This acquisition is intended for use by Bristow Ireland Limited to service a contract with the Irish Department of Transport for search and rescue operations. As of February 3, 2025, BLL, as a borrower, completed the fifth Utilisation Date under the Facilities Agreement, borrowing approximately EUR 6 million, bringing total borrowings to EUR 99 million. There are remaining commitments of EUR 1 million available for borrowing under the BLL Term Loan Facility. The report refers to the Facilities Agreement dated June 12, 2024, which outlines these financial arrangements.