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Bristow Group Announces Pricing of $500 Million Senior Secured Notes in an Upsized Private Offering
Bristow Group will use proceeds to redeem 6.875% notes due 2028 and fund general corporate purposes, secured by 119 aircraft and other assets, the company said.
- On Jan. 14, 2026, Bristow Group Inc. priced an upsized private offering of $500 million of 6.75% senior secured notes due February 1, 2033 to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S.
- The Company will deposit a portion of net proceeds with the trustee under the 2028 Notes Indenture to redeem the 6.875% Senior Secured Notes due 2028 on March 1, 2026, and intends to use remaining proceeds for general corporate purposes.
- The financing is backed by first-priority liens and guarantees, with the notes fully guaranteed by subsidiary guarantors and secured by approximately 119 pledged aircraft, paying interest semi-annually.
- The offering's closing is expected on March 1, 2026, and the company cautioned there can be no assurance it will be completed as described or at all.
- Bristow is the leading global provider of vertical flight solutions, serving offshore energy and government customers across Offshore Energy Services, Government Services and Other Services segments.
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The Norfolk Daily News+30 Reposted by 30 other sources
Bristow Group Announces Pricing of $500 Million Senior Secured Notes in an Upsized Private Offering
HOUSTON, Jan. 14, 2026 /PRNewswire/ -- Bristow Group Inc. (NYSE: VTOL) (the "Company" or "Bristow") announced today the pricing of an upsized private offering of $500 million aggregate principal amount of 6.75% senior secured notes due 2033 (the "notes") to…
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