Core Points - Bombardier Inc. has redeemed all remaining outstanding US$99,431,000 aggregate principal amount of its 7.875% Senior Notes due 2027, funded using cash from its balance sheet [1] - The payment of the redemption price and surrender of the Redemption Notes is being processed through the Depository Trust Company [2] Financial Impact - The total amount redeemed is US$99.431 million, which reflects a significant reduction in Bombardier's outstanding debt obligations [1] - The redemption of these notes indicates a strategic move to manage debt levels and improve financial stability [1] Operational Details - The redemption process follows the notice issued on November 3, 2025, indicating a planned and communicated approach to debt management [1] - The procedures for the redemption are in accordance with the applicable protocols of the Depository Trust Company [2]
Bombardier Completes Redemption for All of its 7.875% Senior Notes due 2027
Globenewswire·2025-12-03 22:01