Bombardier Announces Closing of Senior Secured Credit Facility

MONTREAL, Aug. 19, 2020 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) announced today that it has successfully closed the previously announced three-year $1.0 billion senior secured term loan facility (the “Facility”) with HPS Investment Partners, LLC, acting as administrative agent, collateral agent and the lead lender for a group that included investment funds and accounts managed by HPS Investment PRead More…

REMINDER/Media Advisory: Bombardier to Report its Second Quarter 2020 Financial Results on August 6, 2020

MONTREAL, Aug. 05, 2020 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) will publish its financial results for the second quarter ended June 30, 2020 on August 6, 2020.
On August 6, 2020 at 8:00 a.m., EDT, Éric Martel, President and Chief Executive Officer; John Di Bert, Senior Vice President and Chief Financial Officer; and Patrick Ghoche, Vice President, Corporate Strategy and Investor Relations, will hold a webcRead More…

European Commission clears Alstom’s acquisition of Bombardier Transportation

MONTRÉAL, July 31, 2020 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) and Alstom welcome the European Commission’s decision for conditional clearance of the proposed acquisition of Bombardier Transportation by Alstom. The Commission’s approval for the transaction is conditional on certain proposed engagements that consist of: A transfer of Bombardier Transportation’s contribution to the V300 ZEFIRO very hiRead More…

Media Advisory: Bombardier to Report its Second Quarter 2020 Financial Results on August 6, 2020

MONTREAL, July 29, 2020 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) will publish its financial results for the second quarter ended June 30, 2020 on August 6, 2020.
On August 6, 2020 at 8:00 a.m., EDT, Éric Martel, President and Chief Executive Officer; John Di Bert, Senior Vice President and Chief Financial Officer; and Patrick Ghoche, Vice President, Corporate Strategy and Investor Relations, will hold a webcRead More…

Bombardier Reports Better than Expected Cash Usage in the Second Quarter and a New $1 billion Senior Secured Credit Facility

MONTREAL, July 22, 2020 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) reported that its second quarter cash usage was approximately $500 million better than previously expected and that it has secured a commitment from investment funds and accounts managed by HPS Investment Partners, LLC to provide a three-year senior secured term loan (the “Facility”) of up to $1.0 billion. Collectively, these actionsRead More…

Bombardier Announces the Election of its Board of Directors

MONTREAL, June 18, 2020 (GLOBE NEWSWIRE) — Bombardier announced today that all candidates in the Management Proxy Circular dated May 6, 2020 were elected as directors of Bombardier Inc. during its annual meeting of shareholders, which was held in Montreal earlier today. The detailed results of the ballot for the election of directors are below.
Election of Directors
Following a vote, each of the following 13 caRead More…

REMINDER – Bombardier Announces Virtual Annual Meeting of Shareholders

MONTREAL, June 16, 2020 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) will host its 2020 Annual Meeting of Shareholders (“Meeting”) on June 18, 2020 at 10:30 EDT in a virtual format due to the ongoing public health concerns related to the COVID-19 pandemic.
The Corporation previously announced in its 2020 Notice of Meeting that, subject to public health conditions and concerns, it would host a hybrid Meeting fRead More…

REMINDER – Bombardier Announces Virtual Annual Meeting of Shareholders

MONTREAL, June 16, 2020 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) will host its 2020 Annual Meeting of Shareholders (“Meeting”) on June 18, 2020 at 10:30 EDT in a virtual format due to the ongoing public health concerns related to the COVID-19 pandemic.
The Corporation previously announced in its 2020 Notice of Meeting that, subject to public health conditions and concerns, it would host a hybrid Meeting fRead More…

Bombardier Concludes Sale of the CRJ Series Regional Jet Program to Mitsubishi Heavy Industries

All amounts in this press release are in U.S. dollars unless otherwise indicated.
MONTREAL, June 01, 2020 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) confirmed today the closing of the previously announced sale of the CRJ Series aircraft program to Mitsubishi Heavy Industries, Ltd (MHI) (TOKYO:7011) for a cash consideration of approximately $550 million, subject to post-closing adjustments and the assumption of Read More…

Media Advisory: Bombardier CEO and CFO to speak at Barclays Industrial Select Conference on February 19, 2020

MONTRÉAL, Feb. 18, 2020 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) announced today that its President and Chief Executive Officer, Alain Bellemare, and its Senior Vice President and Chief Financial Officer, John Di Bert, will speak at the Barclays Industrial Select Conference in Miami, Florida on Wednesday, February 19, at 1:50 p.m. EST DATE:
Wednesday, February 19, 2020 TIME:
1:50-2:20 p.m., EasterRead More…