Sunday, October 19, 2025

Bombardier Prices $1.2 Billion Worth Of Senior Notes

Bombardier Inc. (TSX: BBD.B) announced this morning the pricing of its recently upsized US$1.2 billion senior notes due 2026. The notes will carry 7.125% annual interest and will be sold at 100% of par.

The company said the net proceeds of this debt offering are expected to finance Bombardier’s US$1.0 billion tender offer, which applies to the following:

  • 5.750% senior notes due 2022, which has a current outstanding principal amount of US$181.2 million 
  • 6.000% senior notes due 2022, which has a current outstanding principal amount of US$1.2 billion
  • 6.125% senior notes due 2022, which has a current outstanding principal amount of US$1.0 billion 

The remainder of the proceeds will be used for general corporate purposes, including the repayment of other outstanding debt.

The offering is expected to close June 8, 2021, subject to customary conditions.

Bombardier Inc. last traded at $10.10 on the TSX.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

When 4% of Global Copper Disappears Overnight | David Gower – Emerita Resources

Mining M&A: Gold X2 Acquires Kesselrun Resources

They Said Oil Was Dead. They Were Wrong. | Michael Judson – Record Resources

Recommended

Military Seizes Power in Madagascar After President Flees

Altamira Gold Hits 395.5 Metres Of 0.4 g/t Gold At Maria Bonita

Related News

Well Health, Bombardier To Be Added To S&P/TSX Composite Index

The latest changes for the S&P/TSX Composite Index, assembled by S&P Down Jones Indices, were...

Sunday, September 5, 2021, 12:09:00 PM

Bombardier Records US$6.09 Billion In Revenue In 2021

Bombardier (TSX: BBD.B) shared today its Q4 and full-year financial results for 2021. The company...

Thursday, February 10, 2022, 10:44:00 AM

Bombardier Expects $1.3 Billion In Revenue For Q1 2021

Bombardier (TSX: BBD.B) shared today its preliminary financial results for Q1 2021. The company expects...

Monday, May 3, 2021, 10:20:06 AM

Bombardier To Cut 2,500 Aviation Jobs Permanently

Bombardier Inc (TSX: BBD.A, BBD.B) announced this morning that it will be laying off approximately...

Friday, June 5, 2020, 09:20:38 AM

Hexo, Bombardier Among Issuers Dropped by S&P/TSX Composite Index

My how the might have fallen. The S&P Dow Jones Indices this evening announced the...

Friday, June 12, 2020, 06:25:50 PM