Mr. Francis Richer de La Fleche reports
BOMBARDIER ANNOUNCES CONDITIONAL NOTICE OF REDEMPTION FOR ALL OUTSTANDING 7.50% SENIOR NOTES DUE 2029
Bombardier Inc. has issued a conditional notice of redemption for all of its outstanding 7.50 per cent senior notes due 2029, in an aggregate principal amount of $750-million (U.S.) (the 2029 notes). As set forth in the notice of redemption, the redemption date is May 19, 2026, and the redemption price for the 2029 notes is 103.750 per cent of the principal amount redeemed, plus accrued and unpaid interest. The redemption of the 2029 notes is subject to and conditioned upon Bombardier completing a new offering of debt securities in the aggregate principal amount of not less than $500-million (U.S.) before the May 19, 2026, redemption date; however, Bombardier may delay or waive this condition in its sole and absolute discretion. This debt redemption will be paid using proceeds from a new notes offering and cash from Bombardier's balance sheet.
On May 4, 2026, a copy of the notice of redemption was issued to the record holders thereof. Payment of the redemption price and surrender of the 2029 notes for redemption will be made on May 19, 2026, through the facilities of the Depository Trust Company in accordance with its applicable procedures. The name and address of the paying agent are as follows: Deutsche Bank Trust Company Americas, c/o Deutsche Bank Services Americas, 5022 Gate Parkway, Jacksonville, Fla., 32256, attention: corporate team/Bombardier, telephone: 1-800-735-7777.
We seek Safe Harbor.
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