Helicopter Investor

Bristow announces closing of senior notes offering

by · October 12

Bristow Group announced the closing of its offering of $450 million aggregate principal amount senior notes due 2022 pursuant to a registration statement filed with the Securities and Exchange Commission.

The notes will bear interest at a rate of 6.25% per annum and will mature on 15 October 2022. The net proceeds from the sale of the notes were approximately $442.8 million (after deducting underwriting discounts and commissions and estimated expenses).

Credit Suisse Securities (USA) LLC and SunTrust Robinson Humphrey, acted as joint global coordinators and joint book-running managers and representatives of the underwriters. The other joint book-running managers included Merrill Lynch, Pierce, Fenner & Smith Incorporated, Citigroup Global Markets, JP Morgan Securities LLC and Wells Fargo Securities, LLC. HSBC Securities (USA) and US Bancorp Investments, acted as co-managers.

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Terry Spruce

Terry is Senior News Editor and writes for both Corporate Jet Investor and Helicopter Investor. He is also responsible for our helicopter guides. Terry has been an aviation enthusiast since the early 1970s. He is a lapsed Private Pilot and ex-Piper Cherokee owner. He has flown a number of light aircraft and is comfortable sitting in the co-pilot's seat or the back of any aircraft. Before moving to journalism he was a banker for 20 years. You can contact him at: terry@corporatejetinvestor.com or follow him on twitter @Terry_Spruce

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