Bombardier Announces Notice of Partial Redemption for US$500,000,000 of its 6.000% Senior Notes due 2028
Rhea-AI Summary
Bombardier (OTC:BDRBF) issued a notice of partial redemption for US$500,000,000 aggregate principal of its 6.000% Senior Notes due 2028. The redemption date is February 15, 2026 and the redemption price is 100% of principal plus accrued and unpaid interest, with payment and surrender to occur through DTC on February 17, 2026.
The redemption will be funded using cash from Bombardier's balance sheet. Deutsche Bank Trust Company Americas is named as paying agent with contact details provided.
Positive
- Debt reduced by US$500,000,000 principal
- Redemption at 100% of principal limits premium cost
- Definite timetable: redemption date Feb 15, 2026; payment Feb 17, 2026
Negative
- Redemption funded from cash reduces available liquidity by at least US$500,000,000 plus accrued interest
News Market Reaction
On the day this news was published, BDRBF declined 1.54%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
MONTREAL, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today announced that it has issued a notice of partial redemption for US
On December 17, 2025, a copy of the notice of partial redemption with respect to the 2028 Notes was issued to the record holders thereof. Payment of the redemption price and surrender of the 2028 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 February 17, 2026. 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 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 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 |
FAQ
What amount of Bombardier (BDRBF) 6.000% notes is being partially redeemed?
When is the redemption date for Bombardier's (BDRBF) 2028 notes?
What price will Bombardier (BDRBF) pay to redeem the 2028 notes?
How will Bombardier (BDRBF) fund the US$500,000,000 partial redemption?
Who is the paying agent for Bombardier's (BDRBF) partial redemption of the 2028 notes?
Will the partial redemption of Bombardier (BDRBF) 2028 notes change interest due on the remaining notes?
