Bombardier Announces Closing of its New Issuance of Senior Notes due 2033
Globenewswire·2025-05-29 21:01
MONTRÉAL, May 29, 2025 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today announced that it has successfully closed its previously announced offering of US$500 million aggregate principal amount of Senior Notes due 2033 (the “New Notes”). The New Notes carry a coupon of 6.750% per annum, mature on June 15, 2033 and were sold at par. Bombardier intends to use the proceeds of the offering of the New Notes, together with cash on hand, (i) to fund the repayment and/or retirement of outstanding indebtednes ...