Bombardier Announces Closing of a $600 Million US Syndicated Letter
of Credit Facility>
Bombardier Announces Closing of a $600 Million US Syndicated Letter of Credit Facility
(Thomson Reuters ONE) - MONTREAL, QUEBEC--(Marketwire - July 02, 2009) - Bombardier (TSX:BBD.A)(TSX: BBD.B) announces today that it has closed a $600 millionLetter of Credit Facility agreement with a syndicate of first qualityfinancial institutions, mainly North American-based.This facility, which was oversubscribed, is dedicated to supportingBombardier Aerospace's operations as well as the general needs of theCorporation, and replaces the facility which was to expire inDecember 2009. Bombardier successfully attained its objectives ofsecuring availability for the issuance of letters of credit untilDecember 2011."Bombardier is pleased with this solid demonstration of bank supportfor its business plan, especially in this difficult economicenvironment," said Pierre Alary, Senior Vice President and ChiefFinancial Officer, Bombardier Inc.National Bank Financial Inc., RBC Capital Markets and UBS SecuritiesLLC have jointly arranged the facility as Mandated Lead Arrangers andJoint Bookrunners.About BombardierA world-leading manufacturer of innovative transportation solutions,from commercial aircraft and business jets to rail transportationequipment, systems and services, Bombardier Inc. is a globalcorporation headquartered in Canada. Its revenues for the fiscal yearended Jan. 31, 2009, were $19.7 billion US, and its shares are tradedon the Toronto Stock Exchange (BBD). Bombardier is listed as an indexcomponent to the Dow Jones Sustainability World and North Americaindexes. News and information are available at www.bombardier.com.Contacts:Bombardier Inc.Isabelle RondeauDirector, Communications514-861-9481Bombardier Inc.Shirley ChenierSenior Director, Investor Relations514-861-9481www.bombardier.comThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Bereitgestellt von Benutzer: hugin
Datum: 02.07.2009 - 17:13 Uhr
Sprache: Deutsch
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