Bridger Aerospace Group Holdings Inc. (NASDAQ: BAER) secures new financing commitments totaling up to $331.5 million through a new senior secured facility led by Bain Capital’s Private Credit Group. The financing includes a delayed draw facility for future fleet expansion and strategic partners like Bain Capital, Crestline, Power Sustainable, and Foundation Credit.

The $331.5 million Senior Secured Credit Facility consists of a $21.5 million Revolving Credit Facility, a $210 million Senior Secured Term Loan, and a $100 million Fleet Expansion Facility. This refinances Bridger’s existing $160 million municipal bond, consolidates other debt, and provides financial flexibility for growth.

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Read more at Yahoo Finance: Bridger Aerospace Secures $331.5M Financing to Fuel Fleet Expansion, Growth