Saturday, September 13, 2025

Latest

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

Avino Q2 Earnings: Steady As She Goes

MEG Energy: Cenovus Comes In With $7.9 BILLION Offer

Orla Mining Q2 Earnings: Musselwhite Changes Everything

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

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 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

Bombardier Hits $2.1 Billion Revenue in Q3 2024, Cash Flow In Free Fall

Bombardier Inc. (TSX: BBD.B) reported a 12% increase in third-quarter 2024 revenue, reaching $2.1 billion,...

Thursday, November 7, 2024, 08:37:18 AM

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: TD, Veritas Raise Price Target, BMO Cuts

Last week, Bombardier (TSX: BBD.b) reported second quarter 2020 financials, reporting $2.7 billion in revenues...

Monday, August 10, 2020, 02:12:00 PM