Bombardier Announces Launch of US$250 million Offering of Additional 6.75% Senior Notes due 2033 to Repay Existing Debt

Core Viewpoint - Bombardier Inc. has launched an offering of US$250 million in Senior Notes due 2033, which will be a further issuance of its existing $500 million 6.750% Senior Notes due 2033 [1] Group 1: Offering Details - The proceeds from the Additional Notes will be used to repay outstanding indebtedness, including the redemption of all remaining 7.125% Senior Notes due 2026 and approximately US$84 million of 7.875% Senior Notes due 2027 [2] - The outstanding amounts for the 2026 Notes and 2027 Notes are US$166,289,000 and US$183,142,000 respectively [2] Group 2: Conditions and Risks - The completion of the offering and the Conditional Notes Redemptions are subject to market conditions, and there is no assurance that Bombardier will successfully complete these transactions [3] - Conditional Notes Redemptions are expected to be contingent upon the successful completion of the Additional Notes offering [3]