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Bombardier Announces Extension of Consent Solicitation with Respect to its 7.35% Debentures due 2026
MONTRÉAL, March 30, 2026 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) to...
About this update from Bombardier Inc. Class A
[{"type":"text","content":"Bombardier Announces Extension of Consent Solicitation with Respect to its 7.35% Debentures due 2026\nMONTRÉAL, March 30, 2026 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today announced that it has extended the expiration date of its previously announced consent solicitation (the “Canadian Consent Solicitation”) in respect of its 7.35% Debentures due 2026 (the “Canadian Notes”). The Consent Deadline (as defined in the Consent Solicitation Statement referred to below) for the Canadian Notes has been extended to 5:00 p.m., Eastern time, on April 10, 2026 (the “Extended Consent Deadline”). As previously announced and described in Bombardier’s Consent Solicitation Statement dated March 16, 2026 (as it may be amended or supplemented, the “Consent Solicitation Statement”), if the requisite consents from holders of Canadian Notes are received on or prior to the Extended Consent Deadline and the supplemental indenture implementing the Proposed Amendments (as defined in the Consent Solicitation Statement) becomes effective, then Bombardier will make a consent payment of Cdn$1.00 per Cdn$1,000 principal amount of Canadian Notes to holders of Canadian Notes who validly deliver (and do not validly revoke) their consent on or prior to the Extended Consent Deadline, unless further extended. The right of a holder of Canadian Notes to revoke a validly delivered consent expired on March 27, 2026, 5:00 p.m., Eastern time. Except as set forth herein with respect to the Extended Consent Deadline, the terms and conditions of the Canadian Consent Solicitation remain the same as set forth and described in the Consent Solicitation Statement. Bombardier reserves the absolute right, subject to applicable laws, to further amend, waive or modify the terms of the Canadian Consent Solicitation in any manner. For a complete statement of the terms and conditions of the Canadian Consent Solicitation, holders are encouraged to read the Consent Solicitation Statement. Holders who have previously delivered consents in connection with the Canadian Consent Solicitation do not need to redeliver such consents or take any other action in response to this announcement in order to consent to the Canadian Consent Solicitation. Bombardier has retained Kingsdale Advisors to act as the ...