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Bombardier Announces Pricing of US$250 million of Additional 6.75% Senior Notes due 2033
Globenewswireยท2025-09-04 22:32

Core Viewpoint - Bombardier Inc. has successfully priced an offering of US$250 million in Senior Notes due 2033, which will be a further issuance of its existing US$500 million 6.750% Senior Notes due 2033 [1][3] Group 1: Offering Details - The Additional Notes will carry a coupon of 6.750% per annum and will be sold at a price of 103.500% plus accrued interest from May 29, 2025 [1] - The issuance is expected to close on or about September 18, 2025, subject to customary closing conditions [2] Group 2: Use of Proceeds - Bombardier intends to use the proceeds to fund the repayment and/or retirement of 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 [3] - As of the announcement date, there is US$166.289 million outstanding of the 2026 Notes and US$183.142 million outstanding of the 2027 Notes [3] Group 3: Conditions and Assurances - The consummation of the offering and the Conditional Notes Redemptions are subject to market and other conditions, and there is no assurance that Bombardier will successfully complete these transactions [4]