usa Restructuring

Bristow US



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News of Restructuring

Bristow’ Reorganization Confirmed By Court, 07-Oct-19 : #Chapter11 Bristow expects to consummate its reorganization by October 31, 2019. Upon emergence it will be a privately held with a total of $535 million of new equity capital and strengthened liquidity

Bristow Files Amended Plan and Disclosure Statement, 22-Aug-19 : #bankruptcy Bankruptcy Court approves Debtor-In-Possession (DIP) financing, commencement of solicitation for consensual plan of reorganization and motion for employee incentive plans. Bristow plans to emerge from Chapter 11 in Q4 2019

Bristow Files Plan of Reorganization, 03-Aug-19 : #Chapter11 Plan aims to allow Bristow emerge from Chapter 11 in fourth quarter this year. Following Court approval of the Disclosure Statement, Bristow will distribute the Plan and Disclosure Statement to voting creditors for their consideration

Bristow Continues Path to Chapter 11 Emergence, 26-Jul-19 : #Bristow Bristow Group finalizes $385 million backstop commitment under Second Amended Restructuring Support Agreement. Continues on path towards prompt chapter 11 emergence with industry-leading balance sheet and improved liquidity

Bristow Enters Into New Restructuring Support Agreement, 30-Jun-19 : #bankruptcy Bristow enters into new Restructuring Support Agreement (RSA). Represents a significant step towards prompt Chapter 11 emergence and creates industry-leading balance sheet and improves liquidity

Bristow Receives Court Approval, 19-May-19 : #Bristow Bristow using Chapter 11 proceedings to restructure and strengthen its balance sheet and achieve a lower and more sustainable debt level. All of Bristow s units continue to operate normally

12-May-19 - Bristow Commences Voluntary Chapter 11 in Texas #Bristow
09-May-19 - NYSE Threatens To Delist Bristow’s Stock #NYSE
21-Apr-19 - Bristow Provides Financial Update #Bristow
20-Feb-19 - Bristow to Report 2018 Results as Soon as Possible #Form10Q
14-Feb-19 - Bristow and Columbia Terminate Acquisition #finance
14-Sep-18 - Bristow Announces Organizational Changes #Bristow

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