debt
confidence high
sentiment positive
materiality 0.75
Bridger Aerospace sells HQ campus for $46M in sale-leaseback; proceeds to repay debt
Bridger Aerospace Group Holdings, Inc.
- Sale price at least $46M for hangar and office at Bozeman Yellowstone International Airport; net proceeds repay debt facilities, lowering cash interest.
- Company to enter 10-year market-based leaseback with Purchaser SR Aviation Infrastructure (SRAI), an affiliate of SomeraRoad.
- Transaction expected to close in Q3 2025, subject to customary closing conditions; Bridger continues operations from the campus.
- CEO Sam Davis says deal capitalizes on appreciated real estate and reduces debt, enhancing shareholder value.
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