MONTRÉAL, May 04, 2026 (GLOBE NEWSWIRE) -- Bombardier Inc. ("Bombardier") today announced that it has successfully priced its offering of US$500,000,000 aggregate principal amount of new Senior Notes due 2035 (the "New Notes"). The New Notes will carry a coupon of 5.875% per annum and will be sold at par. The issuance of the New Notes is expected to close on or about May 15, 2026, subject to customary closing conditions.

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 all of its outstanding 7.50% Senior Notes due 2029 (the "2029 Notes", and such redemption, the "Conditional 2029 Notes Redemption"), and (ii) to pay accrued interest and related fees and expenses. As of the date hereof, there is US$750,000,000 aggregate principal amount outstanding of the 2029 Notes.

Consummation of the offering of the New Notes and the Conditional 2029 Notes Redemption are subject to market and other conditions, and there can be no assurance that Bombardier will be able to successfully complete these transactions on the terms ...