Bombardier Announces Launch of US$250 million Offering of Additional 6.75% Senior Notes due 2033 to Repay Existing Debt
Bombardier (BDRBF) has announced the launch of a US$250 million offering of Additional Senior Notes due 2033 with a 6.75% interest rate. These notes will be combined with the existing $500 million aggregate principal amount of Senior Notes issued in May 2025.
The company plans to use the proceeds, along with cash on hand, to repay existing debt, including the redemption of all remaining 7.125% Senior Notes due 2026 (US$166.29 million outstanding) and approximately US$84 million of 7.875% Senior Notes due 2027 (from US$183.14 million outstanding). The transaction is subject to market conditions and other requirements.
Bombardier (BDRBF) ha annunciato l'emissione di note senior aggiuntive per 250 milioni di dollari con scadenza 2033 al tasso d'interesse del 6,75%. Queste note verranno aggregate all'attuale ammontare principale complessivo di 500 milioni di dollari di note senior emesse a maggio 2025.
L'azienda intende utilizzare i proventi, insieme alla liquidità disponibile, per rimborsare il debito esistente, inclusa la conversione in contanti di tutte le rimanenti note senior 7,125% con scadenza 2026 (166,29 milioni di dollari in circolazione) e circa 84 milioni di dollari di note senior 7,875% con scadenza 2027 (da 183,14 milioni di dollari in circolazione). L'operazione è soggetta alle condizioni di mercato e ad altri requisiti.
Bombardier (BDRBF) ha anunciado el lanzamiento de una emisión adicional de bonos senior por 250 millones de USD con vencimiento en 2033 y un interés del 6,75%. Estos bonos se unirán al importe principal agregado existente de 500 millones de USD de bonos senior emitidos en mayo de 2025.
La compañía planea usar los ingresos, junto con efectivo disponible, para pagar deuda existente, incluida la amortización de todas las restantes notas senior 7,125% con vencimiento en 2026 (166,29 millones de USD en circulación) y aproximadamente 84 millones de USD de notas senior 7,875% con vencimiento en 2027 (de 183,14 millones de USD en circulación). La transacción está sujeta a las condiciones de mercado y otros requisitos.
봄바디어(BDRBF)가 만기 2033년의 추가 선순위 채권 2억5천만 달러 발행을 발표했으며, 금리는 6.75%입니다. 이 채권은 2025년 5월에 발행된 선순위 채권의 기존 총액 5억 달러와 합쳐집니다.
회사는 조달자금과 보유현금을 함께 이용해 기존 부채를 상환할 계획이며, 여기에는 남아 있는 모든 7.125% 만기 2026 선순위 채권(미지급액 1억6,629만 달러)의 상환과 약 8,400만 달러 규모의 7.875% 만기 2027 선순위 채권(총액 1억8,314만 달러 중)이 포함됩니다. 이번 거래는 시장 상황 및 기타 요건에 따릅니다.
Bombardier (BDRBF) a annoncé le lancement d'une émission supplémentaire de billets senior de 250 millions USD échéance 2033 au taux de 6,75%. Ces titres seront ajoutés au montant principal agrégé existant de 500 millions USD de billets senior émis en mai 2025.
La société prévoit d'utiliser le produit de l'émission, ainsi que sa trésorerie disponible, pour rembourser la dette existante, y compris le rachat de toutes les notes senior 7,125% arrivant à échéance en 2026 (166,29 millions USD en circulation) et environ 84 millions USD de notes senior 7,875% arrivant à échéance en 2027 (sur 183,14 millions USD en circulation). L'opération est soumise aux conditions de marché et à d'autres exigences.
Bombardier (BDRBF) hat die Auflage einer zusätzlichen Emission von vorrangigen Schuldverschreibungen über 250 Mio. USD mit Fälligkeit 2033 angekündigt, die mit 6,75% verzinst werden. Diese Papiere werden mit dem bestehenden aggregierten Nennbetrag von 500 Mio. USD an vorrangigen Schuldverschreibungen aus dem Mai 2025 kombiniert.
Das Unternehmen plant, die Erlöse zusammen mit vorhandenen Barmitteln zur Rückzahlung bestehender Schulden zu verwenden, einschließlich der Rückzahlung aller verbleibenden 7,125% vorrangigen Schuldverschreibungen mit Fälligkeit 2026 (ausstehend 166,29 Mio. USD) sowie etwa 84 Mio. USD an 7,875% vorrangigen Schuldverschreibungen mit Fälligkeit 2027 (von ursprünglich 183,14 Mio. USD). Die Transaktion steht unter dem Vorbehalt der Marktbedingungen und weiterer Anforderungen.
- Debt refinancing at lower interest rate (from 7.125-7.875% to 6.75%)
- Extension of debt maturity from 2026/2027 to 2033
- Reduction of total outstanding debt by using additional cash on hand
- Additional US$250 million debt issuance increases total debt burden
- Transaction costs and fees will impact cash position
MONTRÉAL, Sept. 04, 2025 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today announced that it has launched an offering of US
Bombardier intends to use the proceeds of the offering of the Additional Notes, together with cash on hand, (i) to fund the repayment and/or retirement of outstanding indebtedness, including the redemption of all of its remaining outstanding
Consummation of the offering of the Additional Notes and the Conditional Notes Redemptions are subject to market and other conditions, and there can be no assurance that Bombardier will be able to successfully complete these transactions on the terms described above, or at all. The Conditional Notes Redemptions are expected to be subject to certain conditions, including the completion of the offering of the Additional Notes.
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 securities 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 securities mentioned herein may be offered and sold in the United States only to persons reasonably believed to be qualified institutional buyers in accordance with Rule 144A under the U.S. Securities Act and outside the United States in reliance on Regulation S under the U.S. Securities Act. The securities 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 will be made on a basis which is exempt from the prospectus requirements of such securities laws. The securities will be offered and sold in Canada on a private placement basis only to “accredited investors” pursuant to certain prospectus exemptions.
This announcement does not constitute an offer to sell or the solicitation of an offer to buy the Additional Notes or an offer to purchase or solicitation of an offer to sell the 2026 Notes or 2027 Notes. This announcement does not constitute a redemption notice in respect of any 2026 Notes or 2027 Notes. Any redemption of the 2026 Notes and 2027 Notes will be made pursuant to a notice of redemption under the indentures governing such notes.
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 |
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