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Bombardier Announces Closing of Its New Issuance of 5.875% Senior Notes Due 2035 - BOMBARDIER INC B by Bo
Bombardier said the notes were sold at par and will help repay debt, including $750 million of 2029 notes outstanding.
- On Friday, May 15, 2026, Bombardier Inc. successfully closed its offering of US$500,000,000 in Senior Notes due 2035, marking completion of the previously announced debt issuance.
- Bombardier intends to use the proceeds and cash on hand to retire its outstanding 7.50% Senior Notes due 2029, reducing overall debt obligations and refinancing at a lower rate.
- The New Notes carry a 5.875% annual coupon, mature on January 15, 2035, and were sold at par value to investors, establishing favorable debt terms for the company.
- Following a conditional redemption notice issued May 4, 2026, Bombardier will redeem US$750,000,000 of the 2029 Notes on May 19, 2026, completing the debt refinancing cycle.
- Securities were sold to "accredited investors" in Canada and qualified institutional buyers in the United States, exempt from registration under the United States Securities Act of 1933.
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The Toronto Star+9 Reposted by 9 other sources
Bombardier Announces Closing of its New Issuance of 5.875% Senior Notes due 2035
MONTREAL, May 15, 2026 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today announced that it has successfully closed its previously announced offering of US$500,000,000 aggregate principal amount of Senior Notes due
·Toronto, Canada
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Bombardier Announces Closing of its New Issuance of 5.875% Senior Notes due 2035 - BOMBARDIER INC B by Bo
MONTREAL, May 15, 2026 (GLOBE NEWSWIRE) -- Bombardier Inc. ("Bombardier") today announced that it has successfully closed its previously announced offering of US$500,000,000 aggregate principal amount of Senior Notes due 2035 (the "New Notes"). The New Notes carry a coupon of 5.875% per annum, mature on January 15, 2035 and were sold at par. Bombardier intends to use the proceeds of the offering of the New Notes, together with cash on hand, (i) …
·New York, United States
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Total News Sources11
Leaning Left9Leaning Right1Center1Last UpdatedBias Distribution82% Left
Bias Distribution
- 82% of the sources lean Left
82% Left
L 82%
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