Overview

• Bombardier has successfully priced $500 million in Senior Notes due June 15, 2033, with a 6.750% annual coupon rate.
• The issuance aims to refinance $500 million of 7.875% Senior Notes due 2027, reducing interest costs and extending debt maturities.
• The redemption of the 2027 notes is scheduled for June 13, 2025, contingent on the successful closing of the 2033 note issuance.
• The new notes are expected to close on or about May 29, 2025, subject to customary closing conditions.
• As of the announcement, $683.1 million remains outstanding on the 2027 notes, with Bombardier using proceeds from the new issuance and cash on hand for the redemption.