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Bombardier Announces Successful Completion of Consent Solicitation with Respect to its 7.450% Notes due 2034
MONTRÉAL, March 23, 2026 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) to...
About this update from Bombardier Inc. Class A
[{"type":"text","content":"Bombardier Announces Successful Completion of Consent Solicitation with Respect to its 7.450% Notes due 2034\nMONTRÉAL, March 23, 2026 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today announced that, in connection with its previously announced consent solicitation with respect to its 7.450% Notes due 2034 (the “US Notes”), it has received the requisite written consents to amend the indenture governing the US Notes as reported by the U.S. Information and Tabulation Agent on the trade. As previously announced, Bombardier solicited consents from the holders of the US Notes (the “US Consent Solicitation”) to adopt a proposed amendment (the “Proposed Amendment”) to the Indenture, dated as of April 21, 2004, as supplemented by the First Supplemental Indenture, dated as of May 20, 2021, between Bombardier and The Bank of New York Mellon (as successor to JPMorgan Chase Bank, National Association) (the “Trustee”), as trustee (the “US Indenture”), governing these US Notes, the full text of which is set forth in Bombardier’s Consent Solicitation Statement, dated March 16, 2026 (as it may be amended or supplemented, the \"Consent Solicitation Statement\"), and to authorize Bombardier, at its option, and the Trustee to enter into a supplemental indenture (the “Supplemental Indenture”) pursuant to which the Proposed Amendment will come into force, all subject to the terms and conditions set forth in the Consent Solicitation Statement. The deadline for submitting consents in respect of the US Notes expired at 5:00 p.m., Eastern time, on March 20, 2026 (the “US Consent Deadline”). The US Consent Solicitation required consents from holders representing a majority of the outstanding aggregate principal amount of such series of Notes. As at the US Consent Deadline, holders representing in excess of the majority of the outstanding aggregate principal amount of the US Notes delivered consents as reported by the U.S. Information and Tabulation Agent on the trade. Bombardier and the Trustee have executed the Supplemental Indenture pursuant to which the Proposed Amendment has come into force and is effective. Bombardier intends to make the consent payment of US$2.50 per US$1,000 principal amount of US Notes ...