Bombardier Announces Redemption Price Calculation in Respect of Its 4.250% Senior Notes Due 2016
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Bombardier Inc. /
Bombardier Announces Redemption Price Calculation in Respect of Its 4.250%
Senior Notes Due 2016
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The issuer is solely responsible for the content of this announcement.
MONTREAL, QUEBEC--(Marketwired - Apr 24, 2015) - Bombardier Inc.
(TSX:BBD.A)(TSX:BBD.B)(OTCQX:BDRBF) - Pursuant to Bombardier's notice of
redemption dated March 30, 2015 (the "Notice") relating to its outstanding
4.250% Senior Notes due 2016 (the "Notes"), Bombardier today announced the
calculation of the redemption price for the Notes. The redemption price for the
Notes will be US$1,037.624 per US$1,000.00 principal amount of Notes, consisting
of the Make-Whole Premium of US$1,025.346 per US$1,000.00 (based on a Treasury
Rate of 0.17% as calculated by Bombardier on April 24, 2015), plus US$12.278 in
accrued and unpaid interest to but not including the redemption date for the
Notes, all as calculated in accordance with the terms of the indenture governing
the Notes.
The redemption date for the Notes is April 29, 2015, as set forth in the Notice.
This press release does not constitute an offer to sell or the solicitation of
an offer to buy any security and shall not constitute an offer, solicitation or
sale of any securities in any jurisdiction in which such offering, 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, any state securities laws
or the laws of any other jurisdiction, and may not be offered or sold in the
United States absent registration or an applicable exemption from such
registration requirements. The securities mentioned herein have not been and
will not be qualified for distribution to the public under applicable Canadian
securities laws and, accordingly, the securities mentioned herein may not be
offered or sold in Canada other than on a basis which is exempt from the
prospectus requirements of applicable securities laws in Canada.
FORWARD-LOOKING STATEMENTS
This press release includes forward-looking statements, which may involve, but
are not limited to: statements with respect to the Corporation's objectives,
guidance, targets, goals, priorities, market and strategies, financial position,
beliefs, prospects, plans, expectations, anticipations, estimates and
intentions; general economic and business outlook, prospects and trends of an
industry; expected growth in demand for products and services; product
development, including projected design, characteristics, capacity or
performance; expected or scheduled entry-into-service of products and services,
orders, deliveries, testing, lead times, certifications and project execution in
general; competitive position; and the expected impact of the legislative and
regulatory environment and legal proceedings on the Corporation's business and
operations; the Corporation's available liquidities and the Corporation's
capital raising plan, the use of proceeds from the Offering; the impact of the
offering on the Corporation's operations, infrastructure, opportunities,
financial condition, access to capital and overall strategy;. Forward-looking
statements generally can be identified by the use of forward-looking terminology
such as "may", "will", "expect", "intend", "anticipate", "plan", "foresee",
"believe", "continue", "maintain" or "align", the negative of these terms,
variations of them or similar terminology. By their nature, forward-looking
statements require management to make assumptions and are subject to important
known and unknown risks and uncertainties, which may cause actual results in
future periods to differ materially from those forecasted. While management
considers these assumptions to be reasonable and appropriate based on
information currently available, there is risk that they may not be accurate.
For additional information with respect to the assumptions underlying the
forward-looking statements made in this press release, refer to the respective
Guidance and forward-looking statements sections in Aerospace and in
Transportation in the Management's Discussion and Analysis (MD&A) of the
Corporation's financial report for the fiscal year ended December 31, 2014.
Certain factors that could cause actual results to differ materially from those
anticipated in the forward-looking statements include, but are not limited to,
risks associated with general economic conditions, risks associated with the
Corporation's business environment (such as risks associated with the financial
condition of the airline industry and major rail operators), operational risks
(such as risks related to developing new products and services; doing business
with partners; product performance warranty and casualty claim losses;
regulatory and legal proceedings; the environment; dependence on certain
customers and suppliers; human resources; fixed-price commitments and production
and project execution), risks relating to the Corporation's ability to implement
its capital raising plan and mitigate potential liquidity underperformance;
financing risks (such as risks related to liquidity and access to capital
markets, exposure to credit risk, certain restrictive debt covenants, financing
support provided for the benefit of certain customers and reliance on government
support); and market risks (such as risks related to foreign currency
fluctuations, changing interest rates, decreases in residual values and
increases in commodity prices). For more details, see the Risks and
uncertainties section in Other in the MD&A of the Corporation's financial report
for the fiscal year ended December 31, 2014. Readers are cautioned that the
foregoing list of factors that may affect future growth, results and performance
is not exhaustive and undue reliance should not be placed on forward-looking
statements. The forward-looking statements set forth herein reflect management's
expectations as at the date of this press release and are subject to change
after such date. Unless otherwise required by applicable securities laws, the
Corporation expressly disclaims any intention, and assumes no obligation to
update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise. The forward-looking statements
contained in this press release are expressly qualified by this cautionary
statement.
Isabelle Rondeau
Director, Communications
Bombardier Inc.
+514 861 9481
Shirley Chenier
Senior Director, Investor Relations
Bombardier Inc.
+514 861 9481
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Bombardier Inc. via GlobeNewswire
[HUG#1914956]
Unternehmensinformation / Kurzprofil:
Datum: 26.04.2015 - 22:11 Uhr
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News-ID 388491
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