Bombardier to redeem $400 million in partial redemption of notes due 2024, 2025

By Rebecca Melvin

Concord, N.H., Feb. 15 – Bombardier Inc. plans to redeem a $200 million portion of its 7½% senior notes due 2024 and a $200 million portion of its 7½% senior notes due 2025, according to a company release Tuesday.

The 2024 notes will be redeemed for 103.75 plus accrued interest, and the 2025 notes will be redeemed for 101.25 plus accrued interest, both on March 17.

Deutsche Bank Trust Co. Americas is the paying agent.

The aerospace and transportation services company is based in Montreal.

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