Bombardier today announced the satisfaction of the escrow release condition relating to Bombardier’s previously announced issuance of US$2.25 billion aggregate principal amount of new Senior Notes, which closed under escrow on March 13, 2015. The escrow release condition was satisfied as, earlier today, the net proceeds from Bombardier’s issuance and sale of subscription receipts, which closed on February 27, 2015, have been released to Bombardier. Accordingly, all of the escrowed funds were released to Bombardier earlier today.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale of any securities in any jurisdiction in which such offering, solicitation or sale would be unlawful.
The securities mentioned herein have not been and will not be registered under the United States Securities Act of 1933, as amended, any state securities laws or the laws of any other jurisdiction, and may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements. The Senior Notes have not been and will not be qualified for distribution to the public under applicable Canadian securities laws and, accordingly, the Senior Notes may not be offered or sold in Canada other than on a basis which is exempt from the prospectus requirements of applicable securities laws in Canada.
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+514 861 9481
Senior Director, Investor Relations
+514 861 9481