AERO TRADING GROUP Corp

Bombardier prices new senior notes issuance

Bombardier prices new senior notes issuanceBombardier prices new senior notes issuance

Bombardier has successfully priced its previously announced upsized offering of US$1.2bn senior notes due 2026. The new senior notes will carry a coupon of 7.125% per annum and will be sold at 100.000% of par. The issuance is expected to close on or about June 8, 2021. The net proceeds of the offering are expected to be used to finance Bombardier’s tender offer for up to $1bn of its outstanding: 5.750% senior notes due 2022, 6.000% senior notes due 2022, and  6.125% senior notes due 2023. Bombardier intends to use the remaining net proceeds from the offering of new notes for

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