Bombardier prices new senior notes issuance

Bombardier has successfully priced its offering of US$750 million of new senior notes due 2028 with a coupon of 6.000% per annum and will be sold at 100.000% of par. The issuance is expected to close on or about August 12, 2021, subject to customary closing conditions. Bombardier intends to use the net proceeds of this offering to redeem all of its outstanding 6.000% senior notes due October 2022, of which there is $514 million outstanding, and all of its outstanding 6.125% senior notes due 2023, of which there is $534 million outstanding and for other general corporate purposes.