Bombardier Announces Closing of its New Issuance of Senior Notes Due
2016 and Senior Notes Due 2023
MONTREAL, QUEBEC -- (Marketwire) -- 01/14/13 -- Bombardier Inc.
(TSX:BBD.A)(TSX:BBD.B) today announced that it has successfully
closed its issuance of US$2 billion aggregate principal amount of new
Senior Notes. The issuance is comprised of US$750 million aggregate
principal amount of Bombardier's Senior Notes due 2016, which carry a
coupon of 4.250% per annum and were sold at par (the "2016 Notes"),
and US$1.25 billion aggregate principal amount of Bombardier's Senior
Notes due 2023, which carry a coupon of 6.125% per annum and were
sold at par (the "2023 Notes"). The 2016 Notes have a maturity date
of January 15, 2016, and the 2023 Notes have a maturity date of
January 15, 2023. Bombardier intends to use the net proceeds of this
offering for general corporate purposes.
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of, the
securities mentioned herein in any jurisdiction in which such offer,
solicitation or sale would be unlawful.
The securities mentioned herein have not been and will not be
registered under the United States Securities Act of 1933, as amended
(the "Securities Act"), or the securities laws of any other
jurisdiction, and may not be offered or sold in the United States
absent registration under, or an applicable exemption from the
registration requirements of, the Securities Act. The securities
mentioned herein have not been and will not be qualified for sale to
the public under applicable securities laws in Canada and,
accordingly, any offer and sale of the securities in Canada will be
made on a basis which is exempt from the prospectus requirements of
such securities laws.
This press release includes forward-looking statements, which are
based on current expectations. Forward-looking statements generally
can be identified by the use of forward-looking terminology such as
"may", "will", "expect", "intend", "anticipate", the negative of
these terms, variations of them or similar terminology. By their
nature, forward-looking statements require us to make assumptions and
are subject to important known and unknown risks and uncertainties,
which may cause our actual results in future periods to differ
materially from those set forth in the forward-looking statements.
While we consider our assumptions to be reasonable and appropriate
based on information currently available, there is a risk that they
may not be accurate. For additional information regarding these risks
and uncertainties, and the assumptions underlying the forward-looking
statements, refer to the respective Guidance and forward-looking
statements sections in Overview, Bombardier Aerospace and Bombardier
Transportation sections in the Management's Discussion and Analysis
("MD&A") in Bombardier Inc.'s annual report for the fiscal year ended
December 31, 2011.
+514 861 9481
Senior Director, Investor Relations
+514 861 9481
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