Core Viewpoint - Bombardier Inc. has announced a conditional redemption of its outstanding Senior Notes, indicating a strategic move to manage its debt obligations effectively [1]. Group 1: Redemption Details - Bombardier issued a conditional notice of redemption for all of its outstanding 7.125% Senior Notes due 2026, with a redemption date set for October 4, 2025 [1]. - A conditional notice of partial redemption for US$83,711,000 of its 7.875% Senior Notes due 2027 has also been issued, with the same redemption date of October 4, 2025 [1]. - The redemption price for both the 2026 and 2027 Notes will be 100% of the principal amount redeemed, plus accrued and unpaid interest [1]. Group 2: Conditions and Payment Process - The redemption of the Notes is contingent upon Bombardier completing a new offering of debt securities totaling at least US$250 million before the redemption dates [1]. - Payment for the redemption will be processed through the Depository Trust Company on October 6, 2025 [2]. - The paying agent for this transaction is Deutsche Bank Trust Company Americas, located in Jacksonville, Florida [2].
Bombardier Announces Conditional Notice of Redemption for All of its 7.125% Senior Notes due 2026 and Conditional Notice of Partial Redemption for US$83,711,000 of its 7.875% Senior Notes due 2027
Globenewswireยท2025-09-04 22:15