MONTRÉAL, June 05, 2024 (GLOBE NEWSWIRE) -- Bombardier Inc. ("Bombardier") today announced that it has successfully closed its previously announced offering of US$750 million aggregate principal amount of Senior Notes due 2032 (the "New Notes"). The New Notes carry a coupon of 7.000% per annum, mature on June 1, 2032 and were sold at par. Bombardier intends to use the proceeds of the offering of the New Notes, together with cash on hand, (i) to fund the repayment and/or retirement of outstanding indebtedness, including the redemption of US$338 million aggregate principal amount of its outstanding 7.125% Senior Notes due 2026 (the "2026 Notes") and the redemption of US$450 million aggregate principal amount of its outstanding 7.875% Senior Notes due 2027 (the "2027 Notes"), and (ii) to pay accrued interest and related fees and expenses. As of the date hereof, prior to giving effect to these redemptions, there is US$504 million aggregate principal amount outstanding of the 2026 Notes and ...