Bristow Group Inc. Quarterly report pursuant to Section 13 or 15(d)

DEBT (Tables)

6 Months Ended

Sep. 30, 2020

Debt as of September 30 and March 31, 2020 (Successor) consisted of the following (in thousands):



	September 30, 2020			March 31, 2020
PK Air Debt	$	198,217		$	207,326
Macquarie Debt	145,232			148,165
7.750% Senior Notes ⁽¹⁾	137,499			—
Lombard Debt	139,399			136,180
Promissory notes⁽²⁾	17,069			—
Airnorth Debt	6,624			7,618
Humberside Debt	329			335
Term Loan	—			61,500
Total debt	644,369			561,124
Less short-term borrowings and current maturities of long-term debt	(64,027		)	(45,739		)
Total long-term debt	$	580,342		$	515,385

_________________


⁽¹⁾	The pre-Merger outstanding principal amount of Era’s 7.750% senior unsecured notes as of March 31, 2020 was $142.0 million, net of unamortized discounts and debt issuance costs.

⁽²⁾

The pre-Merger outstanding principal amount of Era’s promissory notes as of March 31, 2020 was $17.9 million.

Interest expense related to the 4½% Convertible Senior Notes was as follows (in thousands):



	Predecessor
	Six Months Ended September 30, 2019
Contractual coupon interest	$	715
Amortization of debt discount	648
Total interest expense	$	1,363