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Bombardier Announces Launch of US$500 million New Issuance of Senior Notes due 2033 to retire US$500 million of its Senior Notes due 2027
Globenewswireยท2025-05-14 11:30

Core Viewpoint - Bombardier Inc. has announced the launch of a US$500 million offering of new Senior Notes due 2033 to manage its debt obligations and related expenses [1][2]. Group 1: Offering Details - The proceeds from the New Notes will be used to repay outstanding indebtedness, specifically to redeem US$500 million of its 7.875% Senior Notes due 2027 [2]. - As of the announcement date, there is US$683,142,000 of the 2027 Notes outstanding [2]. Group 2: Conditions and Risks - The completion of the New Notes offering and the redemption of the 2027 Notes is subject to market conditions and other factors, with no assurance of successful completion [3]. - The Conditional 2027 Notes Redemption is contingent upon the successful offering of the New Notes [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, exempt from prospectus requirements [5].