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Bombardier Announces Conditional Notice of Partial Redemption for US$500,000,000 of its 7.875% ...

  • Bombardier Inc. Has issued a conditional notice to partially redeem a principal amount of US$500 million from its outstanding 7.875% Senior Notes maturing in 2027, with the redemption scheduled for June 13, 2025.
  • The redemption is contingent upon Bombardier successfully issuing new debt securities totaling at least US$500 million before the redemption date, although this requirement can be postponed or waived at Bombardier's sole discretion.
  • Bombardier plans to fund this repayment with proceeds from a US$500 million senior notes offering maturing in 2033, aiming to reduce outstanding debt including the 2027 Notes.
  • The redemption price, consisting of the full principal amount plus any accrued interest, will be paid and the notes surrendered via the Depository Trust Company’s procedures on June 13, 2025.
  • This repayment move reflects Bombardier’s efforts to manage debt amid ongoing profitability and expects to support continued financial growth in 2025 despite forward-looking risks.
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St Catharines Standard broke the news in Welland, Canada on Wednesday, May 14, 2025.
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