Bombardier prices senior notes issuance

Bombardier has successfully priced its offering of $1.8 billion US aggregate principal amount of new Senior Notes. The issuance is comprised of $600 million US aggregate principal amount of Bombardier’s Senior Notes due April 15, 2019, which carry a coupon of 4.75% per annum and will be sold at par, and $1.2 billion US aggregate principal amount of Bombardier’s Senior Notes due October 15, 2022, which carry a coupon of 6.00% per annum and will be sold at par. The issuance is expected to close on or about April 3, 2014, subject to customary closing conditions. Bombardier intends to use the proceeds of