Core Viewpoint - Bridger Aerospace Group Holdings, Inc. has signed a Purchase and Sale Agreement for a sale leaseback transaction of its facilities at Bozeman Yellowstone International Airport for at least $46 million, aimed at reducing debt and ongoing cash interest [1][4]. Group 1: Transaction Details - The sale leaseback transaction is expected to close in the third quarter of 2025 and is subject to customary closing conditions [1]. - Concurrently, Bridger will enter into a ten-year lease agreement with SR Aviation Infrastructure for the hangar and office headquarters, allowing continued use for aerial firefighting operations [2]. Group 2: Company Background - Bridger Aerospace is one of the largest aerial firefighting companies in the U.S., providing services to federal and state agencies, including the U.S. Forest Service [5]. - The company is based in Belgrade, Montana, and focuses on wildfire management services both domestically and internationally [5]. Group 3: Strategic Implications - The CEO of Bridger expressed enthusiasm about the agreement, highlighting the opportunity to capitalize on real estate value and reduce the company's debt balance, which is expected to enhance shareholder value [4]. - The transaction reflects Bridger's commitment to the Bozeman area while enabling growth and operational efficiency [4].

BELGRADE, Mont., May 01, 2025 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. (“Bridger” or “Bridger Aerospace”), (NASDAQ: BAER, BAERW), one of the nation’s largest aerial firefighting companies, today announced that it will release financial results for the first quarter ended March 31, 2025 on Thursday, May 8, 2025, after the market close. Management will conduct an investor conference call on Thursday, May 8 at 5:00 p.m. Eastern Time (3:00 p.m. Mountain Time) to discuss these results and the b ...