Bombardier Announces Redemption Price Calculation in Respect of its 5.750% Senior Notes Due 2022
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Rhea-AI Summary
Bombardier announced the redemption price for its 5.750% Senior Notes due 2022, following a notice dated June 22, 2021. The total redemption price is US$1,053.81 per US$1,000.00 principal amount, which includes a Make-Whole Premium of US$1,033.53 and accrued interest of US$20.28. The redemption is set for July 22, 2021. This announcement does not constitute an offer to sell or buy any securities and includes forward-looking statements that may involve risks and uncertainties.
Positive
- Redemption price set at US$1,053.81, exceeding face value.
- Includes a Make-Whole Premium of US$1,033.53.
Negative
- None.
Details
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MONTRÉAL, July 19, 2021 (GLOBE NEWSWIRE) -- Pursuant to Bombardier Inc.’s (“Bombardier”) notice of redemption dated June 22, 2021 (the “Notice”) relating to all of its outstanding
The redemption date for the Notes is July 22, 2021, as set forth in the Notice.
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 Notes 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 Notes 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.
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 +514 855 5001 x13228 | Mark Masluch Senior Director, Communications Bombardier +514 855 7167 |
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