Bombardier Inc. (?Bombardier?) announced that it has successfully closed its previously announced offering of USD 750 million aggregate principal amount of Senior Notes due 2031 (the ?New Notes?). The New Notes carry a coupon of 7.250% per annum, mature on July 1, 2031 and were sold at 99.75% of par. Bombardier intends to use the proceeds of the offering of the New Notes, together with cash on hand, (i) to finance the offer to purchase (the ?2026 Tender Offer?) up to USD 550 million aggregate purchase amount (exclusive of accrued and unpaid interest) of its outstanding 7.125% Senior Notes due 2026 (the ?2026 Notes?), of which there is USD 1,001 million aggregate principal amount outstanding on the date hereof, (ii) to fund the redemption (the ?2027 Notes Redemption?) of USD 200 million aggregate purchase amount (exclusive of accrued and unpaid interest) of its outstanding 7.875% Senior Notes due 2027 (the ?2027 Notes?), of which there is USD 1,733 million aggregate principal amount outstanding on the date hereof, and (iii) for the payment of accrued interest and related fees and expenses.