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Bombardier Inc. has priced its new offering of $500 million in Senior Notes due 2035 at a coupon rate of 5.875% per annum. The notes will be sold at par, with the issuance expected to close on or about May 15, 2026. The company intends to utilize the proceeds, combined with cash on hand, to redeem $750 million of its outstanding 7.50% Senior Notes due in 2029. The redemption price for the existing notes is set at 103.750% of the principal amount plus accrued interest. This strategic move is designed to extend Bombardier's debt maturity profile and optimize its interest obligations. The transaction underscores the company's proactive approach to managing its capital structure and long-term financial commitments.
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