Bristow Group (BRS) Updates on Recent Notes Tender Offer
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Bristow Group Inc. (NYSE: BRS) announced that, as of 5:00 p.m., New York Time, on Thursday, October 11, 2012 (the "Consent Expiration"), $337,932,000 aggregate principal amount of its 7½% Senior Notes due 2017 (CUSIP/ISIN No. 110394AB9/ US110394AB99) (the "Notes") have been validly tendered, and not validly withdrawn, in connection with Bristow's previously announced cash tender offer for any and all of its $350 million outstanding principal amount of Notes.
Holders who validly tendered their Notes at or prior to the Consent Expiration, and did not validly withdraw their Notes at or prior to the Consent Expiration, will receive $1,041.50, payable in cash, for each $1,000 principal amount of Notes, which includes a consent payment of $30 per $1,000 of Notes.
In addition to the consideration described above, accrued and unpaid interest up to, but not including, the early settlement date will be paid in cash on all validly tendered and accepted Notes.
The tender offer is scheduled to expire at 11:59 p.m., New York City time, on October 25, 2012, unless extended or earlier terminated.
Holders who validly tendered their Notes at or prior to the Consent Expiration, and did not validly withdraw their Notes at or prior to the Consent Expiration, will receive $1,041.50, payable in cash, for each $1,000 principal amount of Notes, which includes a consent payment of $30 per $1,000 of Notes.
In addition to the consideration described above, accrued and unpaid interest up to, but not including, the early settlement date will be paid in cash on all validly tendered and accepted Notes.
The tender offer is scheduled to expire at 11:59 p.m., New York City time, on October 25, 2012, unless extended or earlier terminated.
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