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Bombardier Completes Redemption of its 8.750% Senior Notes due 2021

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Bombardier has successfully redeemed all outstanding 8.750% Senior Notes due 2021, as announced on July 2, 2021. The redemption follows a notice issued on June 3, 2021, and signifies the company's progress in managing its debt obligations. This move is part of Bombardier's strategic financial management efforts. It is important to note that this press release does not constitute an offer to sell or purchase any securities and that the notes are not registered under U.S. or Canadian securities laws.

Positive
  • Successful redemption of all outstanding 8.750% Senior Notes due 2021.
  • Strategic management of debt obligations enhances financial stability.
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  • None.

MONTREAL, July 02, 2021 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today announced that it has redeemed, as set forth in the notice of redemption issued on June 3, 2021, all of its outstanding 8.750% Senior Notes due 2021 (CUSIP: 097751BP5 / ISIN: US097751BP56 (144A)) // CUSIP: C10602BB2 / ISIN: USC10602BB24 (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 was announced in Bombardier's press release on July 2, 2021?

Bombardier announced the redemption of all outstanding 8.750% Senior Notes due 2021.

How does the redemption of Senior Notes affect Bombardier's financial position?

The redemption is part of Bombardier's strategic efforts to manage its debt, enhancing its financial stability.

What are the CUSIP numbers for the redeemed Senior Notes?

The CUSIP numbers for the redeemed Senior Notes are 097751BP5 and C10602BB2.

Did Bombardier's press release include any investment solicitation?

No, the press release clearly states that it does not constitute an offer to sell or buy any securities.

What are forward-looking statements in Bombardier's press release?

Forward-looking statements are based on current expectations and are subject to risks and uncertainties that could lead to different outcomes.

BOMBARDIER INC B

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