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Bombardier Completes Redemption of its 5.750% Senior Notes due 2022

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On July 22, 2021, Bombardier announced the redemption of its 5.750% Senior Notes due 2022, as specified in the notice issued on June 22, 2021. The company redeemed all outstanding notes, indicating a strategic move to manage its debt obligations. The press release clarifies that this announcement is not an offer or solicitation to sell securities. Forward-looking statements included in the release caution that actual results may differ due to various risks and uncertainties.

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  • Successful redemption of all outstanding 5.750% Senior Notes due 2022, improving financial flexibility.
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MONTREAL, July 22, 2021 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today announced that it has redeemed, as set forth in the notice of redemption issued on June 22, 2021, all of its outstanding 5.750% Senior Notes due 2022 (CUSIP: 097751AY7 / ISIN: US097751AY72 (144A)) // CUSIP: C10602AR8 / ISIN: USC10602AR84 (Reg. S)) (the “Notes”).

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 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 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 will 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
+514 855 5001 x13228
Mark Masluch
Senior Director, Communications
Bombardier
+514 855 7167

 


FAQ

What are the details of the Bombardier BDRBF Senior Notes redemption announced on July 22, 2021?

Bombardier announced the redemption of all outstanding 5.750% Senior Notes due 2022 as per the notice issued on June 22, 2021.

Why did Bombardier redeem its Senior Notes due 2022?

Bombardier redeemed its Senior Notes to manage its debt obligations and improve financial flexibility.

What are the CUSIP numbers for the Bombardier Senior Notes mentioned?

The CUSIP numbers for the Senior Notes are 097751AY7 for 144A and C10602AR8 for Reg. S.

Does the Bombardier announcement include an offer to sell securities?

No, the announcement explicitly states that it does not constitute an offer or solicitation to sell any securities.

What risks are associated with the forward-looking statements in Bombardier's press release?

The forward-looking statements are subject to known and unknown risks and uncertainties, which may cause actual results to differ from expectations.

BOMBARDIER INC B

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