Bristow Group offers USD 125m convertible senior notes

Bristow Group Inc. (NYSE: BRS) has announced that it intends to offer, subject to market and other conditions, USD 125 million aggregate principal amount of convertible senior notes due 2023 (the “notes”), through an underwritten offering registered under the Securities Act of 1933, as amended, the company said.

The company intends to grant the underwriters an option to purchase up to an additional USD 18.75 million aggregate principal amount of notes to cover over-allotments.

The notes are expected to pay interest semi-annually and will be convertible into cash, shares of the company´s common stock or a combination of cash and shares of the company´s common stock, at the company´s election.

Credit Suisse Securities (USA) LLC and Barclays Capital Inc. are acting as joint book-running managers and representatives of the underwriters.

Bristow Group Inc. is the global industrial aviation services provider offering helicopter transportation, search and rescue (SAR) and aircraft support services, including maintenance and training, to government and civil organizations worldwide. Bristow has major operations in the North Sea, Nigeria and the US Gulf of Mexico, and in most of the other major offshore oil and gas producing regions of the world, including Australia, Brazil, Canada, Russia and Trinidad. Bristow provides SAR services to the private sector worldwide and to the public sector for all of the UK on behalf of the Maritime and Coastguard Agency. For more information, visit Bristow´s website at www.bristowgroup.com.