secwatch.observer — SEC 8-K summary
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Issuer:     Bristow Group Inc. (VTOL)
CIK:        0001525221
Form:       8-K
Filed at:   2023-01-13T23:59:59+00:00
Accession:  0001193125-23-008346
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bristow enters into £145M secured equipment financings with NatWest maturing 2036
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- Two tranches: GBP 70M for Bristow U.S. Leasing and GBP 75M for Bristow Aircraft Leasing.
- Interest rate SONIA + 2.75%, 13-year term with quarterly installments commencing March 31, 2023.
- Proceeds to refinance existing Lombard facilities, refinance aircraft, and support UK SAR contracts.
- Secured by ten SAR helicopters (3 Sikorsky S-92, 2 Leonardo AW189 for US; 5 AW189 for UK).
- Funding expected Q1 2023; extends debt maturities to 2036.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1525221/000119312523008346/0001193125-23-008346-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1525221/000119312523008346/d436990d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-008346

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer