Nov 1, 2019 · Bristow has emerged from Chapter 11 bankruptcy protection after completing its debt restructuring process and implementing reorganization plan confirmed by the U.S. Court. The Group has a new Board of Directors and is emerging with $535 M of new ca
Oct 7, 2019 · 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
Aug 22, 2019 · 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
Aug 3, 2019 · 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