Bombardier gives final results of offer to buy up to $1.57 billion of notes from three series

Chicago, April 19 – Bombardier Inc. announced the expiration and results of its cash tender offer to buy up to $1,571,000,000 of notes from three series, according to a press release on Monday morning.

The tender offer pertains to the 8¾% senior notes due 2021 (Cusips: 097751BP5 and C10602BB2), the 5¾% senior notes due 2022 (Cusips: 097751AY7 and C10602AR8) and the 6 1/8% senior notes due 2023 (Cusips: 097751BF7 and C10602AW7).

Since the early settlement date, the company has received tenders for an additional $913,000 of the 2021 notes, $3,043,000 of the 2022 notes and $1,142,000 of the 2023 notes.

The company will accept all of the notes validly tendered after the early tender deadline for purchase, upon the terms and conditions contained in the offer to purchase, on the final settlement date.

Final settlement is planned for April 20. The offer expired at 11:59 p.m. ET on April 16.

On the early settlement date, the company accepted for purchase and purchased the following:

• $955,552,000 of the 2021 notes, or 93.91% of the $1,017,539,000 outstanding;

• $315,754,000 of the 2022 notes, or 63.15% of the $500 million outstanding; and

• $225 million of the 2023 notes, or 18% of the $1.25 billion outstanding.

BofA Securities, Inc. (980 388-3646 or debt_advisory@bofa.com) and Morgan Stanley & Co. LLC (212 761-1057 or 800 624-1808) are the dealer managers.

Global Bondholder Services Corp. (866 807-2200 or contact@gbsc-usa.com) is the information and tender agent.

The issuer is a Montreal-based aerospace and transportation services company.

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