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Stock impact report

Bombardier Completes Partial Redemption of US$100,000,000 of its 7.875% Senior Notes due 2027

BOMBARDIER INC B (BDRBF) 
NASDAQ:AMEX Investor Relations: ir.bombardier.com/en
Company Research Source: GlobeNewswire
MONTRÉAL, April 15, 2024 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today announced that it has redeemed US$100 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 14, 2024. “Bombardier’s continued focus on prioritizing debt and net leverage reduction has given our company momentum and enhanced flexibility,” said Bart Demosky, Executive Vice President and CFO, Bombardier. “This latest $100 million prepayment, deploying cash generated from operations, further underscores Bombardier’s commitment to improving its capital structure.” 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 Show less Read more
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