Saturday, Jul 11, 2020
International Finance
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Bombardier announces redemption price calculation in respect of its 4.75% senior notes due 2019

The calculation of the redemption price for the Notes

Pursuant to Bombardier Inc.’s (‘Bombardier’) notice of redemption dated November 27, 2017 (the ‘Notice’) relating to all of its outstanding 4.75% Senior Notes due 2019 (the ‘Notes’), Bombardier announced the calculation of the redemption price for the Notes. The redemption price for the Notes will be US $1,040.44 per US$1,000.00 principal amount of Notes, consisting of the Make-Whole Premium of US $1,030.94 per US$1,000.00 (based on a Treasury Rate of 1.823%, as calculated by Bombardier on December 20, 2017), plus US$9.50 in accrued and unpaid interest to but excluding the redemption date for the Notes, all as calculated in accordance with the terms of the indenture governing the Notes.

The redemption date for the Notes is December 27, 2017, as set forth in the Notice.

 

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