Bombardier Announces Cash Tender Offer for Certain

MONTRÉAL, March 22, 2024 — Bombardier Inc. today announced the commencement of a tender offer to purchase for cash up to US$400,000,000 aggregate purchase price of its outstanding Notes listed in the table below . The Tender Offer will be financed, together with cash on hand, by the amounts raised in Bombardier’s offering of new Senior Notes . The Tender Offer is being made pursuant to an Offer to Purchase dated March 22, 2024 .The Tender Offer will expire at 5:00 p.m.

Accordingly, if the aggregate total purchase price payable for the Notes validly tendered and not validly withdrawn at or prior to the Early Tender Date and accepted for purchase equals or exceeds the Aggregate Maximum Purchase Amount, then Holders who validly tender Notes after the Early Tender Date will not have any such Notes accepted for payment .

Subject to purchase in accordance the Aggregate Maximum Purchase Amount and possible proration, Holders validly tendering Notes at or prior to the Early Tender Date will be eligible to receive the Total Consideration listed in the table above, which includes the Early Tender Payment, on the “Early Settlement Date”, which is expected to be April 9, 2024, but that may change without notice.

None of Bombardier, the trustees for the Notes, the agents under the respective indentures for the Notes, the dealer managers, the information and tender agent, any of their respective subsidiaries or affiliates or any of its or their respective directors, officers, employees or representatives makes any recommendation to Holders as to whether or not to tender all or any portion of their Notes, and none of the foregoing has authorized any person to make any such recommendation.

For additional information regarding the terms of the Tender Offer, please contact RBC Capital Markets, LLC at +1 212-618-7843 or +1 877-381-2099 , or TD Securities LLC at +1 212-827-2842 or +1 866-584-2096 . Copies of the Offer to Purchase may be obtained at https://www.gbsc-usa.com/bombardier/ or by contacting Global Bondholder Services Corporation at 654 2014 or by email at .

Source: Holiday News (holidaynews.net)

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