Bombardier Announces Conditional Notices of Partial Redemption for US$338,000,000 of its 7.125% Senior Notes due 2026 and US$450,000,000 of its 7.875% Senior Notes due 2027
2024年5月22日 - 7:56AM
Bombardier Inc. (“Bombardier”) today announced that it has issued a
conditional notice of partial redemption for US$338 million
aggregate principal amount of its outstanding 7.125% Senior Notes
due 2026 (the “2026 Notes”), and a conditional notice of partial
redemption for US$450 million aggregate principal amount of its
outstanding 7.875% Senior Notes due 2027 (the “2027 Notes” and,
together with the 2026 Notes, the “Redemption Notes”). As set forth
in the conditional notice of partial redemption issued today in
respect of the 2026 Notes, the redemption date is June 20, 2024,
and the redemption price for the 2026 Notes is 101.781% of the
principal amount redeemed, plus accrued and unpaid interest. As set
forth in the conditional notice of partial redemption issued today
in respect of the 2027 Notes, the redemption date is June 20, 2024,
and the redemption price for the 2027 Notes is 100.00% of the
principal amount redeemed, plus accrued and unpaid interest. Each
redemption of the Redemption Notes is subject to and conditioned
upon Bombardier completing a new offering of debt securities in the
aggregate principal amount of not less than US$750 million before
the June 20, 2024 redemption dates; however, Bombardier may delay
or waive this condition in its sole and absolute discretion.
On May 21, 2024, a copy of each of the respective conditional
notices of redemption with respect to the Redemption Notes was
issued to the respective record holders thereof. Payment of the
redemption price and surrender of the respective Redemption Notes
for redemption will be made through the facilities of the
Depository Trust Company in accordance with the applicable
procedures of the Depository Trust Company on June 20, 2024. The
name and address of the paying agent are as follows: Deutsche Bank
Trust Company Americas, c/o Deutsche Bank Services Americas, 5022
Gate Parkway, Jacksonville, Florida 32256, Attention: Corporate
Team/Bombardier Inc., Tel: 1-800-735-7777.
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 Redemption 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 Redemption 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 may only 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 +1 514 240 9649 |
Mark Masluch Senior Director, Communications Bombardier +1 514 855
7167 |