Bombardier plans to redeem $750M senior notes due 2029, conditional on new $500M debt issuance by May 19, 2026.

Bombardier announced a conditional redemption of all its outstanding 7.50% Senior Notes due 2029, totaling $750 million. The redemption is set for May 19, 2026, at a price of 103.75% of principal plus accrued interest, contingent on Bombardier raising at least $500 million through a new debt offering before that date. The company may also use its cash reserves and has the discretion to waive or delay the condition. This move aims to refinance existing debt with new longer-term notes due 2035, improving Bombardier's debt profile and financial flexibility.