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Bombardier prices make-whole call for 4¼% notes due 2016 at 103.7624
By Susanna Moon
Chicago, April 24 – Bombardier Inc. said it set pricing for the redemption of its 4¼% senior notes due Jan. 15, 2016.
The redemption price will be $1,037.624 per $1,000 principal amount of notes, consisting of the make-whole premium of $1,025.346 per $1,000 plus $12.278 of accrued interest to but excluding the redemption date of April 29, according to a company press release.
The make-whole premium was based on a Treasury rate of 0.17% as set by Bombardier on April 24.
The call was announced on March 30.
Bombardier is a Montreal-based manufacturer of aircraft, railroad equipment and other transportation equipment.
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