Bombardier Extends Consent Solicitation for 7.35% Debentures
MONTRÉAL, March 30, 2026 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today announced that it has extended the expiration date of its previously announced consent solicitation (the “Canadian Consent Solicitation”) in respect of its 7.35% Debentures due 2026 (the “Canadian Notes”). The Consent Deadline (as defined in the Consent Solicitation Statement referred to below) for the Canadian Notes has been extended to 5:00 p.m., Eastern time, on April 10, 2026 (the “Extended Consent Deadline”).
On March 30, 2026, Bombardier Inc. announced an extension of its consent solicitation process regarding its 7.35% debentures that are set to mature in 2026. This decision comes as part of the company's ongoing efforts to manage its capital structure effectively and to align with its long-term financial strategies.
The consent solicitation aims to gather approval from debenture holders for certain proposed amendments to the existing indenture governing the debentures. These amendments are crucial as they may influence the operational flexibility of Bombardier and provide it with more options as it moves forward.
Bombardier has indicated that the initial response from debenture holders has been positive, with many showing support for the amendments proposed. However, the extension seeks to allow more stakeholders additional time to consider and respond to the solicitation.
Investors and analysts alike have expressed interest in these changes, as they can significantly affect Bombardier's financial arrangements and its capacity to navigate through economic fluctuations in the aviation and transportation sectors. The company has reassured stakeholders that it remains committed to transparency and effective communication throughout this process.
As the deadline for the consent solicitation approaches, Bombardier is encouraging all holders of the 7.35% debentures to review the proposed amendments thoroughly. By doing so, stakeholders can make informed decisions that align with their investment strategies and risk management approaches.
This extension of the solicitation process underscores Bombardier’s diligence in ensuring that all parties involved can voice their opinions and contribute to the decision-making process regarding the company’s financial framework. It reaffirms Bombardier's commitment to collaborative engagement with its investors.