Bombardier Inc. announced that it has successfully closed its previously announced offering of USD 750 million aggregate principal amount of Senior Notes due 2029 (the ‘New Notes'). The New Notes carry a coupon of 7.50% per annum, mature on February 1, 2029 and were sold at 100.000% of par. Bombardier intends to use the proceeds of the offering of the New Notes, together with cash on hand, (i) to fund the redemption of all of its outstanding 7.500% Senior Notes due 2024, (ii) to finance the offer to purchase of up to $354 million aggregate principal amount of its outstanding 7.50% Senior Notes due 2025, and/or for the payment of other indebtedness, and (iii) for the payment of related fees and expenses.