Document/ExhibitDescriptionPagesSize 1: 8-K Current Report HTML 38K
6: R1 Cover Page HTML 45K
8: XML IDEA XML File -- Filing Summary XML 11K
11: XML XBRL Instance -- vtol-20240416_htm XML 13K
7: EXCEL IDEA Workbook of Financial Report Info XLSX 8K
3: EX-101.DEF XBRL Definitions -- vtol-20240416_def XML 35K
4: EX-101.LAB XBRL Labels -- vtol-20240416_lab XML 69K
5: EX-101.PRE XBRL Presentations -- vtol-20240416_pre XML 37K
2: EX-101.SCH XBRL Schema -- vtol-20240416 XSD 10K
9: JSON XBRL Instance as JSON Data -- MetaLinks 13± 18K
10: ZIP XBRL Zipped Folder -- 0001525221-24-000017-xbrl Zip 18K
Registrant’s telephone number, including area code
i(713)
i267-7600
Not
Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
i☐
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
i☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
i☐
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
i☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities
Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company i☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Securities
registered pursuant to Section 12(b) of the Act:
As
previously disclosed, on January 24, 2024 (the “Facility Agreement Signing Date”), Bristow Aircraft Leasing Limited (“BALL”) entered into a Deed of Amendment and Restatement (the “BALL Amendment”) among BALL, as borrower, Bristow Group Inc. (the “Company”), as parent guarantor, Bristow U.S. Leasing LLC (“BULL”), Bristow Helicopters Limited (“BHL”), the banks and financial institutions party thereto and National Westminster Bank Plc, pursuant to which the parties thereto agreed to amend and restate that certain Facility Agreement, dated as of January 10, 2023, among BALL, as borrower, the
lenders from time to time party thereto and National Westminster Bank Plc, as arranger, agent and security trustee (the “Existing BALL Facility Agreement” and, as amended by the BALL Amendment, the “Amended BALL Facility Agreement”). The BALL Amendment was entered into in order to, among other things, amend and restate the Existing BALL Facility Agreement to include changes to reflect that BALL will be providing a guarantee of the commitments in respect of a senior secured term loan facility in an aggregate principal amount of up to pound sterling (“GBP”) 55 million (the “BHL Term Loan Facility” and the term loans thereunder, collectively the “BHL Term Loan”) and that BHL will be providing a guarantee of the term loan under the Amended
BALL Facility Agreement.
On April 16, 2024, the conditions precedent in Part A of Schedule 1 of the BALL Amendment were satisfied and the BALL Amendment became effective.
The foregoing description of the BALL Amendment does not purport to be complete and is qualified in its entirety by reference to the BALL Amendment, a copy of which was attached as Exhibit 10.2 to the Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission (the “SEC”) on January 24, 2024.
BULL Facility Amendment Effectiveness
As
previously disclosed, on the Facility Agreement Signing Date, BULL entered into a Deed of Amendment and Restatement (the “BULL Amendment”) among BULL, as borrower, the Company, as parent guarantor, BHL, the banks and financial institutions party thereto and National Westminster Bank Plc, pursuant to which the parties thereto agreed to amend and restate that certain Facility Agreement, dated as of January 10, 2023, among BULL, as borrower, the lenders from time to time party thereto and National Westminster Bank Plc, as arranger, agent and security trustee (the “Existing BULL Facility Agreement” and, as amended by the BULL Amendment, the “Amended BULL Facility Agreement”). The BULL Amendment
was entered into in order to, among other things, amend and restate the Existing BULL Facility Agreement to include changes to reflect that BULL will be providing a guarantee of the BHL Term Loan and that BHL will be providing a guarantee of the term loan under the Amended BULL Facility Agreement.
On April 16, 2024, the conditions precedent in Part A of Schedule 1 of the BULL Amendment were satisfied and the BULL Amendment became effective.
The foregoing description of the BULL Amendment does not purport to be complete and is qualified in its entirety by reference to the BULL Amendment, a copy of which was attached as Exhibit 10.3 to the Current Report on Form 8-K filed by the
Company with the SEC on January 24, 2024.
BHL Term Loan
As previously disclosed, on the Facility Agreement Signing Date, BHL, a subsidiary of the Company, entered into a Facility Agreement (the “BHL Facility Agreement”) among BHL, as borrower, the lenders from time to time party thereto and National Westminster Bank Plc, as arranger, agent and security trustee, pursuant to which the lenders have agreed to provide commitments in respect of the BHL Term Loan Facility.
On April 16, 2024,
the first Utilisation Date (as defined in the BHL Facility Agreement) occurred under the BHL Facility Agreement, and BHL borrowed approximately GBP 26 million.
The foregoing description of the BHL Facility Agreement does not purport to be complete and is qualified in its entirety by reference to the BHL Facility Agreement, a copy of which was attached as Exhibit 10.1 to the Current Report on Form 8-K filed by the Company with the SEC on January 24, 2024.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
