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Bombardier Announces Conditional Notice of Partial Redemption for US$500,000,000 of its 7.875% Senior Notes due 2027
MONTREAL, May 14, 2025 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today ann...
About this update from Bombardier Inc. Class A
[{"type":"text","content":"Bombardier Announces Conditional Notice of Partial Redemption for US$500,000,000 of its 7.875% Senior Notes due 2027\n\n\n\n MONTREAL, May 14, 2025 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today announced that it has issued a conditional notice of partial redemption for US$500 million aggregate principal amount of its outstanding 7.875% Senior Notes due 2027 (the “2027 Notes”). As set forth in the conditional notice of partial redemption issued today in respect of the 2027 Notes, the redemption date is June 13, 2025, and the redemption price for the 2027 Notes is 100.00% of the principal amount redeemed, plus accrued and unpaid interest. The redemption of the 2027 Notes is subject to and conditioned upon Bombardier completing a new offering of debt securities in the aggregate principal amount of not less than US$500 million before the June 13, 2025 redemption date; however, Bombardier may delay or waive this condition in its sole and absolute discretion.\n \n\n On May 14, 2025, a copy of the conditional notice of redemption with respect to the 2027 Notes was issued to the record holders thereof. Payment of the redemption price and surrender of the 2027 Notes for redemption will be made through the facilities of the Depository Trust Company in accordance with the applicable procedures of the Depository Trust Company on June 13, 2025. The name and address of the paying agent are as follows: Deutsche Bank Trust Company Americas, c/o Deutsche Bank Services Americas, 5022 Gate Parkway, Jacksonville, Florida 32256, Attention: Corporate Team/Bombardier Inc., Tel: 1-800-735-7777.\n \n\n\n This press release does not constitute an offer to sell or buy or the solicitation of an offer to buy or sell any security and shall not constitute an offer, solicitation, sale or purchase of any securities in any jurisdiction in which such offering, solicitation, sale or purchase would be unlawful.\n \n\n\n\n The securities mentioned herein have not been and will not be registered under the United States Securities Act of 1933, as amended, any state securities laws or the laws of any other jurisdiction, and may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements. The securities mentioned herein have not been and will not be qualified for di...