MONTREAL, QUEBEC, Jan 10 (MARKET WIRE) --
Bombardier Inc. (TSX:BBD.A)(TSX:BBD.B) today announced that it has
successfully priced its offering 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 will be 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 will
be 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. The issuance is expected to close on or about January 14, 2013.
Bombardier intends to use the net proceeds of this offering for general
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.
Bombardier is the world's only manufacturer of both planes and trains.
Looking far ahead while delivering today, Bombardier is evolving mobility
worldwide by answering the call for more efficient, sustainable and
enjoyable transportation everywhere. Our vehicles, services and, most of
all, our employees are what make us a global leader in transportation.
Bombardier is headquartered in Montreal, Canada. Our shares are traded on
the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones
Sustainability World and North America indexes. In the fiscal year ended
December 31, 2011, we posted revenues of $18.3 billion. News and
information are available at bombardier.com or follow us on Twitter
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