Bombardier Announces Notice of Redemption for All Outstanding 7.35% Debentures due 2026
Rhea-AI Summary
Bombardier (OTC:BDRBF) issued a notice of redemption for all outstanding 7.35% Debentures due 2026, covering an aggregate principal amount of C$150,000,000. The Redemption Date is June 26, 2026, with a redemption price of C$1,023.38 per C$1,000 plus accrued interest of C$0.81 per C$1,000. Payment will be made using cash on the company's balance sheet through CDS Clearing and Depository Services on the Redemption Date.
Positive
- Redeems C$150,000,000 of 7.35% debentures due June 26, 2026
- Redemption price set at C$1,023.38 per C$1,000 plus C$0.81 accrued interest
- Payment to be made using cash from Bombardier's balance sheet
Negative
- C$150,000,000 cash outflow will reduce company liquidity on payment
- Redeems fixed-rate 7.35% debt, removing that financing option for 2026
News Market Reaction – BDRBF
In the Apr 30 session, BDRBF gained 21.38%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MONTREAL, April 30, 2026 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today announced that it has issued a notice of redemption (the “Notice of Redemption”) for all of its outstanding
On April 30, 2026, a copy of the Notice of Redemption was issued to the record holders thereof. Payment of the redemption price and surrender of the 2026 Debentures for redemption will be made on June 26, 2026 through the facilities of CDS Clearing and Depository Services Inc., in accordance with its applicable procedures. The name and address of the paying agent are as follows: Computershare Trust Company of Canada, 650 Boul. de Maisonneuve West, 7th Floor, Montreal, Quebec H3A 3T2, Attention: Manager, Corporate Trust Services, Tel: 514.982.7888.
This press release does not constitute an offer to sell or buy or the solicitation of an offer to buy or sell any security and shall not constitute an offer, solicitation, sale or purchase of any securities in any jurisdiction in which such offering, solicitation, sale or purchase would be unlawful.
The securities mentioned herein have not been and will not be qualified for distribution to the public under applicable Canadian securities laws and, accordingly, any offer and sale of the securities in Canada may only be made on a basis which is exempt from the prospectus requirements of such securities laws. The securities mentioned herein have not been and will not be registered under the United States Securities Act of 1933, as amended, any state securities laws or the laws of any other jurisdiction, and may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements.
FORWARD-LOOKING STATEMENTS
Certain statements in this announcement are forward-looking statements based on current expectations. By their nature, forward-looking statements require us to make assumptions and are subject to important known and unknown risks and uncertainties, which may cause our actual results in future periods to differ materially from those set forth in the forward-looking statements.
For information
| Francis Richer de La Flèche Vice President, Financial Planning and Investor Relations Bombardier +1 514 954 1715 | Mark Masluch Senior Director, Communications Bombardier +1 514 855 7167 |
