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Bombardier has completed a partial redemption of $ 200 million for a $ 750% senior note with a maturity of 2024 and $ 200 million for a $ 750% senior note with a maturity of 2025.

Montreal, March 17, 2022 (GLOBE NEWSWIRE) — Bombardier Inc. (“Bombardier”) today announced that it has redeemed $ 200 million and $ 200 million in unpaid 7.500% Senior Notes (“2024 Notes”) due in 2024. Unpaid 7.500% Senior Note (“Redemption Note” along with “2025 Note” and 2024 Note) due in 2025, as stated in each notice of partial redemption issued on February 15, 2022.

Payment of the redemption price and cancellation of each redemption note for redemption are carried out through the facilities of the trust company in accordance with the applicable procedures of the trust company.

Bertdemski, Executive Vice President and Chief Financial Officer of Bombardier, said: “With a strong liquidity position at the end of last year and a competitive portfolio of world-leading business jets, we continue to work towards our business goals for 2025, as outlined on Investor Day recently.”

This press release does not constitute an offer to sell or buy securities or a solicitation to buy or sell an offer, but to offer, solicit, sell or buy securities in the jurisdiction in which such offer, solicitation, or sale is made. It does not make up. Or the purchase is illegal.

The securities listed here have not been and will not be registered under the Securities Act of 1933 (the revised state securities law or other jurisdiction law). It may not be offered or sold in the United States without registration. Applicable exemptions from such registration requirements. The securities listed here are not and will not be eligible for public distribution under applicable Canadian securities law. Therefore, securities can only be offered and sold in Canada on a basis that is exempt from the prospectus requirements. Such securities law.

Future-oriented statement

The specific statements in this announcement are forward-looking statements based on current expectations. By its very nature, forward-looking statements require us to make assumptions and are subject to significant known and unknown risks and uncertainties. As a result, our actual results for future periods may differ materially from those stated in our forward-looking statements.

For more information

Francis Richerde La Flèche
Vice President of Financial Planning and Investor Relations
Bombardier
+1 514 982 7555
Anna Christopharo
Communication manager
Bombardier
+1 514 855 8678


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Bombardier has completed a partial redemption of $ 200 million for a $ 750% senior note with a maturity of 2024 and $ 200 million for a $ 750% senior note with a maturity of 2025.

Source link Bombardier has completed a partial redemption of $ 200 million for a $ 750% senior note with a maturity of 2024 and $ 200 million for a $ 750% senior note with a maturity of 2025.

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