---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-25-007822"
form_type: "8-K"
ticker: "BAER"
cik: "0001941536"
company_name: "Bridger Aerospace Group Holdings, Inc."
filed_at: "2025-10-29T23:59:59+00:00"
generated_at: "2026-05-17T01:44:26.566604+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Bridger Aerospace closes $331.5M Bain Capital facility and $49M sale-leaseback

## Summary
- New $331.5M senior secured facility: $210M term loan, $21.5M revolver, $100M delayed draw for fleet expansion.
- Proceeds used to repay $160M Gallatin County municipal bonds, plus prior loans from Live Oak and UMB Bank.
- Completed $49M sale-leaseback of Bozeman Yellowstone airport campus; 10-year lease; gain on sale expected in Q4.
- Facility matures Oct 2030; interest at SOFR+6% or ABR+5%; prepayment premium 3%/2%/1% over first three years.
- Bain Capital gets non-voting board observer rights; Stifel acted as sole debt placement agent.

## SEC filing metadata
- accession: 0001683168-25-007822
- form_type: 8-K
- ticker: BAER
- cik: 0001941536
- company_name: Bridger Aerospace Group Holdings, Inc.
- filed_at: 2025-10-29T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 1.02, 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1941536/000168316825007822/0001683168-25-007822-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1941536/000168316825007822/bridger_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-25-007822
- JSON: https://secwatch.observer/filing/0001683168-25-007822.json
- Plain text: https://secwatch.observer/filing/0001683168-25-007822.txt

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