Bombardier Launches $500 Million 2035 Notes, Sets Conditional Redemption of 2029 Bonds

Overview

• Bombardier said it started a $500 million sale of senior notes that mature in 2035 to help refinance existing debt.
• It also issued a conditional notice to redeem all $750 million of 7.50% notes due 2029 at 103.750% plus accrued interest on May 19, 2026.
• The redemption depends on completing at least $500 million of new debt before that date, and Bombardier may delay or waive this condition.
• The company plans to use the new proceeds along with cash on hand to retire the 2029 notes and other borrowings.
• The notes will be sold only to qualified institutional buyers in the U.S. under Rule 144A and to non‑U.S. investors under Regulation S, and the transactions remain subject to market conditions.