BOMBARDIER ANNOUNCES $500 MILLION DEBT REPAYMENT AND CONFIRMS DELEVERAGING PLAN ON TARGET
Canada, Dec. 17 -- Bombardier confirmed the company is on track to reach its previously stated net leverage ratio target of 2.0-2.5x. With the $500 million debt redemption notice announced on December 17, which is expected to close by Feb 17, 2026, the Bombardier team will have successfully reduced its long-term debt by $5.5 billion since December 2020, generating annualized interest cost savings of more than $409 million.This achievement reflects Bombardier's proactive focus on responsibly deploying capital and proactively managing its debt maturity runway-all to ensure flexibility to invest in strategic growth initiatives that will further deliver value. In parallel to this, the company has seen multiple credit-rating upgrades, having mos...
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