Core Viewpoint - Bombardier Inc. has successfully closed a US$500 million offering of Senior Notes due 2033 with a coupon rate of 6.750% per annum, maturing on June 15, 2033 [1] Group 1: Offering Details - The New Notes were sold at par and will be used to fund the repayment of outstanding indebtedness, specifically the redemption of US$500 million of 7.875% Senior Notes due 2027 [2] - Prior to the redemption, there is US$683,142,000 outstanding of the 2027 Notes [2] Group 2: Redemption Timeline - The redemption of the 2027 Notes is expected to be completed on June 13, 2025, following a notice of partial redemption issued on May 14, 2025 [3] Group 3: Regulatory Information - The New Notes have not been registered under the United States Securities Act and were offered only to qualified institutional buyers in the U.S. and accredited investors in Canada [4]

MONTRÉAL, May 14, 2025 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today announced that it has launched an offering of US$500 million aggregate principal amount of new Senior Notes due 2033 (the “New Notes”). 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 indebtedness, including the redemption of US$500 million aggregate principal amount of its outstanding 7.875% Senior Notes due 2027 (the ...