Bristow Group's UK Subsidiary Secures €100M Loan Facility With NatWest; 80% Guaranteed By UK Export Finance; Funds To Support Next-Gen Search And Rescue Operations In Ireland
Portfolio Pulse from Benzinga Newsdesk
Bristow Group's UK subsidiary has secured a €100 million loan facility with NatWest, 80% of which is guaranteed by UK Export Finance. The funds will support next-generation search and rescue operations in Ireland.
June 12, 2024 | 8:17 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Bristow Group's UK subsidiary has secured a €100 million loan facility with NatWest, 80% guaranteed by UK Export Finance, to support next-gen search and rescue operations in Ireland.
The secured loan facility will provide Bristow Group with significant financial resources to enhance their search and rescue operations, potentially leading to improved operational efficiency and service offerings. This positive development is likely to boost investor confidence in VTOL.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100