Bristow Group emerges from Chapter 11 Bankruptcy protectionnews Alasdair Whyte 5 Nov 19 0Less than six months after filing for bankruptcy in May 2019, Bristow Group has successfully emerged from Chapter 11 Bankruptcy protection – having restructured its… Read more
Bristow receives court approval for reorganisation plannews Alasdair Whyte 9 Oct 19 0After a tumultuous six months, Bristow Group has been cleared to emerge from Chapter 11 following recent approval from the US Bankruptcy Court. The helicopter… Read more
Bristow announces $75 million tender offernews Alasdair Whyte 13 Aug 19 0Bristow Group has announced a cash tender offer to purchase $75 million of its secured notes maturing in 2023. The tender offer to purchase the… Read more
Bristow finalizes $385 million debt for equity swapnews Alasdair Whyte 29 Jul 19 0Bristow, the helicopter operator currently in Chapter 11 protection, has entered into a backstop commitment agreement with several of its noteholders for a $385 million… Read more
Bristow, “business as usual” and buyoutsnews Alasdair Whyte 1 Jul 19 0Amidst its current Chapter 11 proceedings, Bristow Group has embodied the ‘business as usual’ approach. Within the last week, it has secured new financing from… Read more
Bristow files for Chapter 11news Alasdair Whyte 13 May 19 0Bristow Group voluntarily filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas on 11 May. The oil-and-gas helicopter operator… Read more
Bristow pushes 10-Q deadline, considers bankruptcynews Alasdair Whyte 17 Apr 19 0 Bristow Group has pushed back its 10-Q filing deadline and is considering US Chapter 11 bankruptcy – according to a recent SEC Filing. The… Read more
Comment: Is Bristow as bad as it looks?insight Alasdair Whyte 5 Mar 19 0Bristow Helicopters is currently under intense market scrutiny stemming from its failure to file its third-quarter results for 31 December 2018 on time. “Material weaknesses”… Read more
Bristow announces new CEO and CFOnews Alasdair Whyte 1 Mar 19 0Under the eyes of corporate law firms investigating Bristow for potential securities fraud, the company has just appointed a new CEO to take the helm… Read more