Bombardier Announces Pricing of US$250 million of Additional 6.75% Senior Notes due 2033

Executive Summary

• Bombardier Inc. has successfully priced an offering of US$250 million in aggregate principal amount of Senior Notes due 2033.
• The new notes form a single series with existing 6.750% Senior Notes due 2033, carrying the same coupon rate but priced at 103.500% plus accrued interest.
• Proceeds are intended to fund the redemption of outstanding 7.125% Senior Notes due 2026 and approximately US$84 million of 7.875% Senior Notes due 2027, along with accrued interest and fees.

Key Details

• Offering Size: US$250 million aggregate principal amount of Senior Notes due 2033 ("Additional Notes").
• Coupon Rate: 6.750% per annum.
• Pricing: Sold at 103.500% plus accrued interest from May 29, 2025.
• Maturity: Due 2033.
• Relationship to Existing Debt: Forms a single series with the existing $500 million aggregate principal amount of 6.750% Senior Notes due 2033 originally issued on May 29, 2025.
• Expected Closing Date: On or about September 18, 2025, subject to customary closing conditions.
• Use of Proceeds:
  • Repayment/retirement of outstanding indebtedness, specifically:
    • Redemption of all remaining outstanding 7.125% Senior Notes due 2026 (US$166,289,000 aggregate principal amount outstanding as of the release date).
    • Redemption of approximately US$84 million aggregate principal amount of outstanding 7.875% Senior Notes due 2027 (US$183,142,000 aggregate principal amount outstanding as of the release date).
  • Payment of accrued interest and related fees and expenses.
• Conditions: Consummation is subject to market and other conditions, including the completion of the offering prior to the redemption date of the notes being redeemed.

Notable Quotes

• No direct quotes from the CEO or President were included in the provided text.