Bombardier Redeems All Outstanding 7.35% Debentures Due 2026

Corporate Action
โดย GlobeNewswire·Read original
Summary · why it matters

Bombardier has redeemed all outstanding C$150 million aggregate principal amount of its 7.35% Debentures due 2026. The redemption was previously announced on April 30, 2026. Chief Financial Officer Bart Demosky stated that since 2020, the company has lowered long-term debt by approximately $6.1 billion, reducing annualized interest payments by more than $460 million. With this redemption, Bombardier has reduced debt by over $1.1 billion this year and has no maturities until November 2030.

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Bombardier Inc
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▲ PositiveCapitalrelevance

Bombardier redeemed all outstanding 7.35% debentures due 2026, reducing debt by over $1.1 billion this year and lowering annualized interest payments by more than $460 million.

Off-coverage companies 1

Bombardier Inc.Private▲ Positive
Capitalrelevance

Bombardier redeemed all outstanding 7.35% debentures due 2026, reducing debt by over $1.1 billion this year and lowering annualized interest payments by more than $460 million.