Bristow Enters into Government-Backed Equipment Financing for up to €100 Million

HOUSTON, June 12, 2024 /PRNewswire/ -- Bristow Group Inc. (NYSE: VTOL) announced today that Bristow Leasing Limited, a UK subsidiary, has entered into a new Export Development Guarantee term-loan facility for an aggregate amount of up to €100 million with National Westminster Bank Plc ("NatWest") as the original lender and UK Export Finance guaranteeing 80% of the facility (the "UKEF Debt"). The proceeds from the financing will be used to support Bristow's capital commitments related to the next generation of search and rescue ("SAR") operations in Ireland.

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