Bombardier Completes Redemption of its 6.125% Senior Notes due 2023
Bombardier announced the redemption of all its outstanding 6.125% Senior Notes due 2023 as per the notice issued on August 12, 2021. This strategic move highlights the company's ongoing efforts to manage its debt profile effectively. The redemption indicates a focus on improving financial health and reducing interest liabilities, which could positively impact future cash flows.
- Redemptions of 6.125% Senior Notes indicate proactive debt management.
- Improving financial health may lead to better cash flow in the future.
- None.
MONTRÉAL, Sept. 13, 2021 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today announced that it has redeemed, as set forth in the notice of redemption issued on August 12, 2021, all of its outstanding
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 | Mark Masluch |
| Vice President, Financial Planning | Senior Director, Communications |
| and Investor Relations | Bombardier |
| Bombardier | +514 855 7167 |
| +514 240 9649 |
FAQ
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