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Published on 9/8/2021 in the Prospect News Canadian Bonds Daily, Prospect News High Yield Daily and Prospect News Liability Management Daily.

Bombardier reveals pricing for 6 1/8% notes redemption

Chicago, Sept. 8 – Bombardier Inc. announced pricing for the early redemption of its $534 million outstanding 6 1/8% senior notes due 2023, according to a press release.

The notes will be redeemed for $1,083.12 per $1,000 note, consistent with the make-whole premium of $1,073.25 plus $9.87 in interest to the redemption date on Sept. 13.

The company is also redeeming its $514 million outstanding 6% senior notes due October 2022.

The redemption price for the 6% notes is par plus accrued interest.

The aerospace and transportation services company is based in Montreal.


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