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Bombardier Announces Pricing of its New Issuance of Senior Notes due 2033
GlobeNewswire·2025-05-14 22:00

Core Viewpoint - Bombardier Inc. has successfully priced a US500millionofferingofnewSeniorNoteswitha6.750500 million offering of new Senior Notes with a 6.750% annual coupon, set to close around May 29, 2025 [1][2]. Group 1: Offering Details - The new Senior Notes will be due on June 15, 2033 and will be sold at par [1]. - The proceeds from the offering will be used to repay outstanding indebtedness, including the redemption of US500 million of existing 7.875% Senior Notes due 2027 [2]. - As of the announcement date, there is US$683,142,000 outstanding of the 2027 Notes [2]. Group 2: Conditions and Risks - The completion of the offering and the redemption of the 2027 Notes are subject to market conditions and other factors [3]. - There is no assurance that Bombardier will successfully complete these transactions as described [3]. Group 3: Regulatory Information - The New Notes have not been registered under the U.S. Securities Act and may only be offered to qualified institutional buyers [5]. - In Canada, the New Notes will be offered on a private placement basis to accredited investors [5].