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Bombardier Completes Partial Redemption of US$200,000,000 of its 7.875% Senior Notes due 2027

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Bombardier Inc. announced the completion of the partial redemption of US$200 million of its 7.875% Senior Notes due 2027. The redemption was in accordance with the notice issued in March 2024. The redemption price and surrender of the notes are being processed through the Depository Trust Company. The press release emphasizes that this does not constitute an offer to buy or sell securities and highlights the legal restrictions regarding the Redemption Notes in the US and Canada.
Bombardier Inc. ha annunciato il completamento del rimborso parziale di 200 milioni di dollari delle sue Note Senior al 7,875% con scadenza nel 2027. Il rimborso è stato effettuato in conformità all'avviso emesso nel marzo 2024. Il prezzo di riscatto e la resa delle note sono in corso di elaborazione attraverso la Depository Trust Company. Il comunicato stampa sottolinea che ciò non costituisce un'offerta di acquisto o vendita di titoli e mette in evidenza le restrizioni legali riguardanti le Note di Riscatto negli Stati Uniti e in Canada.
Bombardier Inc. anunció la finalización del rescate parcial de 200 millones de dólares de sus Notas Senior al 7.875% con vencimiento en 2027. El rescate se realizó de acuerdo con el aviso emitido en marzo de 2024. El precio de rescate y la entrega de las notas se están procesando a través de la Depository Trust Company. El comunicado de prensa enfatiza que esto no constituye una oferta de compra o venta de valores y destaca las restricciones legales relacionadas con las Notas de Rescate en los Estados Unidos y Canadá.
밤바디어 Inc.는 2027년 만기 7.875% 시니어 노트 2억 달러의 부분 상환을 완료했다고 발표했습니다. 상환은 2024년 3월에 발표된 공지에 따라 이루어졌습니다. 상환 가격 및 노트의 인도는 Depository Trust Company를 통해 처리되고 있습니다. 보도 자료는 이것이 증권의 매수 또는 매도 제안을 구성하지 않으며, 미국과 캐나다에서의 상환 노트에 대한 법적 제한을 강조합니다.
Bombardier Inc. a annoncé la finalisation du rachat partiel de 200 millions de dollars de ses Obligations Seniors à 7,875% échéant en 2027. Le rachat a été effectué conformément à l'avis émis en mars 2024. Le prix de rachat et la cession des obligations sont en cours de traitement via la Depository Trust Company. Le communiqué de presse souligne que cela ne constitue pas une offre d'achat ou de vente de titres et met en évidence les restrictions légales concernant les Obligations de Rachat aux États-Unis et au Canada.
Bombardier Inc. gab die Vollendung der teilweisen Rückzahlung von 200 Millionen US-Dollar seiner 7,875% Senior Notes mit Fälligkeit 2027 bekannt. Die Rückzahlung erfolgte gemäß der Benachrichtigung, die im März 2024 ausgegeben wurde. Der Rückzahlungspreis und die Übergabe der Noten werden über die Depository Trust Company abgewickelt. Die Pressemitteilung betont, dass dies kein Angebot zum Kauf oder Verkauf von Wertpapieren darstellt und hebt die rechtlichen Einschränkungen bezüglich der Rückzahlungsnoten in den USA und Kanada hervor.
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MONTRÉAL, April 22, 2024 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today announced that it has redeemed US$200 million principal amount of its outstanding 7.875% Senior Notes due 2027 (the “Redemption Notes”) as set forth in the notice of partial redemption issued March 22, 2024.

Payment of the redemption price and surrender of the Redemption Notes for redemption are being made through the facilities of the Depository Trust Company in accordance with the applicable procedures of the Depository Trust Company.

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 Redemption Notes 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. The Redemption Notes 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.

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
+1 514 240 9649
Mark Masluch
Senior Director, Communications
Bombardier
+1 514 855 7167

FAQ

What amount of Senior Notes did Bombardier redeem?

Bombardier redeemed US$200 million principal amount of its 7.875% Senior Notes due 2027.

When was the notice of partial redemption issued by Bombardier?

The notice of partial redemption was issued by Bombardier in March 2024.

Through which company's facilities is the payment of the redemption price and surrender of the Redemption Notes being made?

The payment and surrender are being made through the facilities of the Depository Trust Company.

Are the Redemption Notes mentioned in the press release registered under the United States Securities Act of 1933?

The Redemption Notes mentioned in the press release have not been and will not be registered under the United States Securities Act of 1933.

Can the Redemption Notes be offered and sold in the United States without registration?

The Redemption Notes cannot be offered or sold in the United States absent registration or an applicable exemption from such registration requirements.

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