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Helicopter operator agrees Chapter 11 debt for equity swap and DIP financing

By Dominic Lawson

30 July 2019

Helicopter operator agrees Chapter 11 debt for equity swap and DIP financing iStock.com/Sproetniek

Global helicopter services provider Bristow Group has reached agreements with noteholders on a debt for equity swap and debtor-in-possession financing, as part of the company’s Chapter 11 proceedings in Texas.