Mr. Olivier Marcil reports

BOMBARDIER ANNOUNCES PRICING OF ITS NEW ISSUANCE OF SENIOR NOTES DUE 2024

Bombardier Inc. has priced its previously announced offering of new senior notes. The issuance is for an aggregate principal amount of $1-billion (U.S.) of new senior notes due Dec. 1, 2024, which carry a coupon of 7.50 per cent per annum and will be sold at par. The issuance is expected to close on or about Nov. 27, 2017, subject to customary closing conditions.

The net proceeds of the offering are expected to be used to finance a previously announced tender offer for all $600-million (U.S.) aggregate principal amount outstanding of Bombardier's 4.75 per cent senior notes due 2019 and the rest for general corporate purposes. To the extent that less than $600-million (U.S.) aggregate principal amount of the 2019 notes are tendered in the tender offer, Bombardier intends to redeem all of its remaining outstanding 2019 notes, using a portion of the net proceeds of the offering of notes, following the closing of the offering of notes.

Consummation of the offering of the notes and the tender offer is subject to market and other conditions, and there can be no assurance that Bombardier will be able to complete these transactions on the terms described above, or at all.

The tender offer mentioned herein is being conducted in accordance with a separate offer to purchase relating thereto.

About Bombardier Inc.

Bombardier is the world's leading manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Its vehicles, services and, most of all, its employees are what make the company a global leader in transportation.

In the fiscal year ended Dec. 31, 2016, it posted revenues of $16.3-billion.