Bombardier redeems all 7¼% notes with proceeds from 4¾%, 6% notes

By Marisa Wong

Madison, Wis., May 6 - Bombardier Inc. has redeemed all of its 7¼% senior notes due 2016, according to a press release.

The redemption was funded with proceeds from an offering of 4¾% senior notes due 2019 and 6% senior notes due 2022.

The company issued a notice of redemption for the 7¼% notes on April 4.

Bombardier is a Montreal-based manufacturer of aircraft, railroad equipment and other transportation equipment.

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