MONTRÉAL, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier” or the “Corporation”) today announced certain matters with respect to its cash tender offer previously announced on November 6, 2023 (as it may be amended from time to time, the “Tender Offer”) to purchase for cash up to $360,000,000 aggregate purchase price (exclusive of accrued and unpaid interest, and as such aggregate purchase price may be increased or decreased by the Corporation, the “Aggregate Maximum Purchase Amoun
MONTRÉAL, Nov. 17, 2023 (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 2030 (the “New Notes”). The New Notes carry a coupon of 8.750% per annum, mature on November 15, 2030 and were sold at 100.000% of par. Bombardier intends to use the proceeds of the offering of the New Notes, together with cash on hand, (i) to fund the redemption of all of its
It hasn't been the best quarter for Bombardier Inc. ( TSE:BBD.B ) shareholders, since the share price has fallen 11% in...