08:17 AM EDT, 05/14/2025 (MT Newswires) -- Bombardier Inc. (BBD-A.TO, BBD-B.TO) on Wednesday launched an offering of US$500 million aggregate principal amount of new Senior Notes due 2033.
The company in a statement said it intends to use the proceeds of the offering of the new N=notes, together with cash on hand, to fund the repayment and/or retirement of outstanding indebtedness, including the redemption of US$500 million aggregate principal amount of its outstanding 7.875% Senior Notes due 2027, and also to pay accrued interest and related fees and expenses.
As of the date hereof, there is US$683,142,000 aggregate principal amount outstanding of the 2027 Notes, it added.