---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-018257"
form_type: "8-K"
ticker: "VTOL"
cik: "0001525221"
company_name: "Bristow Group Inc."
filed_at: "2023-01-30T23:59:59+00:00"
generated_at: "2026-06-20T06:35:48.144072+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Bristow subsidiaries borrow GBP 137.7M in new term loans, repay prior facilities

## Summary
- U.S. Borrower drew GBP 70M senior secured term loan under new NatWest facility on Jan 27, 2023.
- U.K. Borrower drew GBP 67.7M under new NatWest facility; no commitments remain.
- Prior $109.9M U.S. facility and $90.1M U.K. facility from Lombard North Central repaid and terminated.
- All collateral and security interests from prior facilities released.

## SEC filing metadata
- accession: 0001193125-23-018257
- form_type: 8-K
- ticker: VTOL
- cik: 0001525221
- company_name: Bristow Group Inc.
- filed_at: 2023-01-30T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1525221/000119312523018257/0001193125-23-018257-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1525221/000119312523018257/d424333d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-018257
- JSON: https://secwatch.observer/filing/0001193125-23-018257.json
- Plain text: https://secwatch.observer/filing/0001193125-23-018257.txt

## Key facts
- Debt Financings
  Bristow Group Inc. incurred term loan of GBP 70,000,000 with National Westminster Bank Plc.
  - Instrument: term loan
  - Principal: GBP 70,000,000
  - Counterparty: National Westminster Bank Plc
  - Event: incurrence
  source text: On January 27, 2023 the Utilisation Date (as defined in the U.S. Facility Agreement) occurred under the U.S. Facility Agreement, and the U.S. Borrower borrowed the full GBP 70,000,000 available thereunder.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1525221/000119312523018257/0001193125-23-018257-index.htm
- Debt Financings
  Bristow Group Inc. incurred term loan of GBP 67,688,418 with National Westminster Bank Plc.
  - Instrument: term loan
  - Principal: GBP 67,688,418
  - Counterparty: National Westminster Bank Plc
  - Event: incurrence
  source text: On January 27, 2023 the Utilisation Date (as defined in the U.K. Facility Agreement) occurred under the U.K. Facility Agreement, and the U.K. Borrower borrowed an amount equal to GBP 67,688,418 and no commitments remain outstanding under the U.K. Facility Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1525221/000119312523018257/0001193125-23-018257-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.