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Bombardier Announces Full Repayment of Senior Secured Credit Facility

February 17, 2021 Web Desk

MONTRÉAL, Feb. 17, 2021 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) today announced that it has initiated the repayment of the total outstanding balance of $750 million drawn on its $1 billion senior secured term loan facility (the “Facility”) established on August 19, …

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Press Release

Bombardier Closes Sale of its Transportation business to Alstom

January 29, 2021 Web Desk
  • Net proceeds to Bombardier of ~$3.6 billion, including ~$600 million in Alstom shares
  • Proceeds strengthen liquidity and will allow the Company to begin debt paydown1; Pro-forma net debt as of December 31, 2020 ~$4.7 billion2 
  • Completes Bombardier’s repositioning as
…
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Press Release

Bombardier Confirms the Closing of the Aerostructures Business Transaction

October 30, 2020 Web Desk

All amounts in this press release are in U.S. dollars unless otherwise indicated.

MONTREAL, Oct. 30, 2020 (GLOBE NEWSWIRE) — The closing of the previously announced aerostructure business transaction between Bombardier Inc. (TSX: BBD.B) and Spirit AeroSystems Holding, Inc. (NYSE : SPR) …

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Press Release

Bombardier Announces Closing of Senior Secured Credit Facility

August 19, 2020 Web Desk

MONTREAL, Aug. 19, 2020 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) announced today that it has successfully closed the previously announced three-year $1.0 billion senior secured term loan facility (the “Facility”) with HPS Investment Partners, LLC, acting as administrative agent, collateral agent and …

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Press Release

REMINDER/Media Advisory: Bombardier to Report its Second Quarter 2020 Financial Results on August 6, 2020

August 5, 2020 Web Desk

MONTREAL, Aug. 05, 2020 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) will publish its financial results for the second quarter ended June 30, 2020 on August 6, 2020.

On August 6, 2020 at 8:00 a.m., EDT, Éric Martel, President and Chief Executive Officer; …

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Press Release

European Commission clears Alstom’s acquisition of Bombardier Transportation

July 31, 2020 Web Desk

MONTRÉAL, July 31, 2020 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) and Alstom welcome the European Commission’s decision for conditional clearance of the proposed acquisition of Bombardier Transportation by Alstom. The Commission’s approval for the transaction is conditional on certain proposed engagements that …

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