Bombardier Announces Notice of Redemption for All Remaining Outstanding 6.000% Senior Notes due 2028

Rhea-AI Summary

Bombardier (OTC:BDRBF) issued a notice to redeem all remaining outstanding 6.000% Senior Notes due 2028, representing US$250,000,000 principal. The redemption date is March 6, 2026, at 100% of principal plus accrued interest, funded from Bombardier’s cash on the balance sheet.

Payment and surrender will occur through the Depository Trust Company; Deutsche Bank Trust Company Americas is paying agent.

Positive

• Eliminates $250,000,000 of 6.000% debt maturing 2028
• Removes future interest burden at 6.000% coupon

Negative

• Uses cash on the balance sheet, reducing liquidity available for other uses
• Redeems debt before maturity, potentially foregoing alternative refinancing options

MONTRÉAL, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today announced that it has issued a notice of redemption (the “Notice of Redemption”) for all of its remaining outstanding 6.000% Senior Notes due 2028, in an aggregate principal amount of US$250,000,000 (the “2028 Notes”). As set forth in the Notice of Redemption, the redemption date is March 6, 2026, and the redemption price for the 2028 Notes is 100% of the principal amount redeemed, plus accrued and unpaid interest. This debt redemption will be funded using cash from Bombardier’s balance sheet.

On February 19, 2026, a copy of the Notice of Redemption 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 March 6, 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 exactly is Bombardier redeeming on March 6, 2026 for BDRBF?

Bombardier is redeeming all remaining 6.000% Senior Notes due 2028 on March 6, 2026. According to Bombardier, the aggregate principal redeemed is US$250,000,000, at 100% of principal plus accrued interest.

How will Bombardier fund the redemption of the 2028 notes (BDRBF)?

Bombardier will fund the redemption using cash from its balance sheet. According to Bombardier, payment of the redemption price will be made via the Depository Trust Company on March 6, 2026.

What redemption price will holders of BDRBF receive for the 2028 notes?

Holders will receive 100% of principal plus accrued and unpaid interest on redemption. According to Bombardier, the redemption price equals full principal repaid plus any accrued interest through March 6, 2026.

Who is the paying agent for Bombardier’s redemption of the 2028 notes (BDRBF)?

The paying agent is Deutsche Bank Trust Company Americas, c/o Deutsche Bank Services Americas in Jacksonville, Florida. According to Bombardier, holders should contact the Corporate Team for redemption procedures.

Will the redemption of US$250,000,000 2028 notes affect Bombardier’s outstanding debt profile?

The redemption removes the specified US$250,000,000 of 6.000% debt due 2028 from outstanding obligations. According to Bombardier, this transaction eliminates that scheduled maturity for the company’s debt profile.

When were record holders notified about the Bombardier (BDRBF) notice of redemption?

Record holders were notified on February 19, 2026 when Bombardier issued the Notice of Redemption. According to Bombardier, the notice was delivered to holders on that date ahead of the March 6, 2026 redemption.