Bristow intends to use the net proceeds from the offering to fund additional aircraft purchases under commitments and options and for general corporate purposes. Interest is payable on March 15 and September 15 of each year, beginning March 15, 2008.
The closing of the senior notes offering is expected to occur on November 13, 2007, and is subject to the satisfaction of customary closing conditions. The notes will not initially be registered under the Securities Act of 1933 or the securities laws of any state and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the Securities Act and applicable state securities laws.
The notes may be resold by the initial purchaser pursuant to Rule 144A and Regulation S under the Securities Act.
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