Bombardier to redeem 7˝% notes due 2024 at 101.875 on Feb. 16

By Mary-Katherine Stinson

Lexington, Ky., Jan. 17 – Bombardier Inc. issued a conditional notice of redemption for all its outstanding 7˝% senior notes due 2024, according to a press release.

The notes will be redeemed at 101.875 plus accrued interest on Feb. 16.

The redemption is conditioned on Bombardier’s completion of a new debt offering in a minimum amount of $500 million before the redemption date, unless waived by the company.

Deutsche Bank Trust Co. Americas is the paying agent.

Bombardier is a Valcourt, Quebec-based aerospace and transportation company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.