Bombardier Completes Redemption of All Remaining Outstanding 6.000% Senior Notes due 2028

Rhea-AI Summary

Bombardier (OTC: BDRBF) completed the redemption of all remaining US$250,000,000 aggregate principal amount of its 6.000% Senior Notes due 2028, as set out in the February 19, 2026 notice. Payment was funded from Bombardier's cash and processed through the Depository Trust Company. The securities are not registered for public U.S. or Canadian distribution. The announcement includes customary forward-looking statements cautioning about risks and uncertainties.

Positive

• Redeemed US$250,000,000 of 6.000% senior notes due 2028
• Eliminated remaining 2028 debt obligation from the capital structure

Negative

• Redemption funded from cash, reducing available balance sheet liquidity
• Used cash resources rather than refinancing, potentially affecting near-term flexibility

MONTRÉAL, March 06, 2026 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today announced that it has redeemed all remaining outstanding US$250,000,000 aggregate principal amount of its 6.000% Senior Notes due 2028 (the “Redemption Notes”), as set forth in the notice of redemption issued February 19, 2026. This debt redemption was funded using cash from Bombardier’s balance sheet. 

Payment of the redemption price and surrender of the Redemption Notes for redemption are being made through the facilities of the Depository Trust Company in accordance with the applicable procedures of the Depository Trust Company.

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 did Bombardier (BDRBF) announce about its 6.000% senior notes due 2028?

Bombardier redeemed all remaining US$250,000,000 of its 6.000% senior notes due 2028. According to Bombardier, the redemption followed the February 19, 2026 notice and was funded from the company's cash balance and processed via the Depository Trust Company.

How was the US$250,000,000 redemption of Bombardier (BDRBF) funded?

The redemption was funded using Bombardier's cash on hand from the balance sheet. According to Bombardier, payment of the redemption price and surrender of notes occurred through the Depository Trust Company facilities under applicable procedures.

Does Bombardier (BDRBF) still have the 6.000% notes due 2028 outstanding after March 6, 2026?

No, Bombardier has redeemed all remaining outstanding notes of that series. According to Bombardier, the full US$250,000,000 aggregate principal amount was surrendered and paid, eliminating the remaining 2028 issuance.

Will the redemption of Bombardier’s (BDRBF) 2028 notes affect shareholders directly?

The redemption reduces company debt but used cash resources, which may affect liquidity. According to Bombardier, the transaction removed the outstanding 2028 obligation while drawing on the company's balance sheet cash.

Were the securities related to Bombardier's redemption registered in the United States or Canada?

No, the securities mentioned were not and will not be registered for public distribution in the U.S. or Canada. According to Bombardier, offers or sales would require registration or an applicable exemption under those laws.