Bombardier Announces Redemption of 7.35% Debentures Due 2026

Bombardier Inc. has issued a notice to redeem all of its outstanding 7.35% debentures due 2026, totaling C$150 million in principal amount. The redemption date is set for June 26, 2026.

The redemption price per C$1,000 principal amount will be C$1,023.38. This figure comprises the Canada Yield Price of C$1,022.57 plus accrued interest of C$0.81 per C$1,000 principal amount up to, but not including, the redemption date. The company will use cash from its balance sheet to fund this debt repayment.

In accordance with the terms of the debentures, a notice of redemption was sent to record holders on April 30, 2026. Payments and the surrender of debentures for redemption will be processed through the facilities of CDS Clearing and Depository Services Inc. on the specified redemption date.

This move is part of Bombardier's ongoing efforts to manage its debt profile and capital structure. The company, which has been focusing on its core business of manufacturing business jets, aims to strengthen its financial position through such strategic financial operations.