Bombardier Announces Full Repayment of Senior Secured Credit Facility
Bombardier announced on February 17, 2021, the initiation of repayment for the total outstanding balance of $750 million drawn from its $1 billion senior secured term loan facility. This facility was established on August 19, 2020, and the repayment, which includes all accrued interest and associated fees, is set to be completed by February 19, 2021. This move underscores Bombardier's commitment to managing its debt effectively.
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MONTRÉAL, Feb. 17, 2021 (GLOBE NEWSWIRE) -- Bombardier (TSX: BBD.B) today announced that it has initiated the repayment of the total outstanding balance of
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Bombardier is a global leader in aviation, creating innovative and game-changing planes. Our products and services provide world-class experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.
Headquartered in Montréal, Canada, Bombardier is present in more than 12 countries including its production/engineering sites and its customer support network. The Corporation supports a worldwide fleet of approximately 4,900 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments and private individuals.
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All amounts in this press release are in U.S. dollars unless otherwise indicated.
For Information
Mark Masluch
Director, Communications and Public Affairs
Bombardier
Mark.Masluch@aero.bombardier.com
+1-514-855-7167
Patrick Ghoche
Vice President, Corporate Strategy and Investor Relations
Bombardier Inc.
+1-514 861 5727
FAQ
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