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Bombardier Announces Conditional Notice of Partial Redemption for US$500,000,000 of its 7.875% Senior Notes due 2027
GlobeNewswire·2025-05-14 22:00

Core Points - Bombardier Inc. announced a conditional notice of partial redemption for US500millionofitsoutstanding7.875500 million of its outstanding 7.875% Senior Notes due 2027, with a redemption date set for June 13, 2025 [1] - The redemption price will be 100% of the principal amount redeemed, plus accrued and unpaid interest, contingent upon Bombardier completing a new offering of debt securities of at least US500 million before the redemption date [1] - The conditional notice of redemption was issued to record holders on May 14, 2025, and payment will be processed through the Depository Trust Company [2] Financial Details - The total amount of the 2027 Notes being redeemed is US$500 million [1] - The interest rate on the 2027 Notes is 7.875% [1] - The redemption price is set at 100% of the principal amount plus accrued interest [1] Redemption Process - The redemption will occur on June 13, 2025, and will follow the procedures of the Depository Trust Company [2] - Deutsche Bank Trust Company Americas is designated as the paying agent for this redemption [2]