Bombardier Announces Notice of Redemption for All of its 7¾% Senior Notes due 2020

MONTRÉAL, March 07, 2019 (GLOBE NEWSWIRE) -- Bombardier Inc. ("Bombardier") today announced that it has issued a notice of redemption for all of its outstanding 7¾% Senior Notes due 2020 (the "Notes"). As set forth in the notice of redemption issued today pursuant to the terms of the indenture governing the Notes, the redemption date is April 5, 2019, and the redemption price will be calculated on April 2, 2019. Bombardier will disclose the redemption price by press release on April 2, 2019.

This press release does not constitute an offer to sell or buy or the solicitation of an offer to buy or sell any security and shall not constitute an offer, solicitation, sale or purchase of any securities in any jurisdiction in which such offering, solicitation, sale or purchase would be unlawful.

The Notes 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 Notes mentioned herein have not been and will not be qualified for distribution to the public under applicable Canadian securities laws and, accordingly, any offer and sale of the securities in Canada will be made on a basis which is exempt from the prospectus requirements of such securities laws.

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