Bridger Aerospace Group Holdings, Inc. Enters into $210 Million Credit Agreement

Bridger Aerospace Group Holdings, Inc. (the "Company") has entered into a Credit Agreement with Bain Capital Credit, LP, as administrative agent and collateral agent, and other financial institutions. The agreement includes initial term loans of $210 million, a revolving credit facility of $21.5 million, and a delayed draw term loan commitment of $100 million. The initial term loans were fully funded on the closing date, and all loans mature on October 28, 2030. Borrowings under the Credit Agreement bear interest at a rate per annum equal to either the Term SOFR rate plus 6.00% or an Alternate Base Rate plus 5.00%. The agreement includes customary restrictive covenants, financial covenants, and events of default. Additionally, the Company repaid its existing Construction Loan Agreement and other loan obligations using the proceeds from the initial term loans. The Company also completed a sale-leaseback transaction for its hangar and office facilities at the Bozeman Yellowstone International Airport.