secwatch.observer — SEC 8-K summary
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Issuer:     Bridger Aerospace Group Holdings, Inc. (BAER)
CIK:        0001941536
Form:       8-K
Filed at:   2025-10-29T23:59:59+00:00
Accession:  0001683168-25-007822
Event type: debt
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 1.02, 2.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1941536/000168316825007822/0001683168-25-007822-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1941536/000168316825007822/bridger_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-007822

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