- Bombardier (BBD.B) has instituted a one-day extension to its senior notes cash tender offer
- The company is offering to purchase up to US$1 billion of three series of its outstanding senior notes due 2022 and 2023
- The company extended the tender offer’s expiration date by one U.S. federal business day to July 1, 2021
- Bombardier is a manufacturer of business aircraft with a global network of service centres
- Bombardier (BBD.B) is up by 2.46 per cent and is currently trading at $1.25 per share
Bombardier (BBD.B) has instituted a one-day extension to its senior notes cash tender offer.
The company is offering to purchase up to US$1 billion (exclusive of accrued interest) of three series of its outstanding senior notes due 2022 and 2023.
The company extended the tender offer’s expiration date by one U.S. federal business day to July 1, 2021. This is due to the fact that on June 17, 2021, the United States declared June 18, 2021 to be a federal holiday.
Holders are encouraged to confer with their financial representatives before offering tender instructions, if any, by the required deadline.
The company is not making any recommendations to holders as to whether or not to tender all or any portion of their notes.
Bombardier has retained J.P. Morgan Securities LLC and Deutsche Bank Securities to serve as dealer managers for the tender offer.
Bombardier is a manufacturer of business aircraft with a global network of service centres.
Bombardier (BBD.B) is up by 2.46 per cent and is currently trading at $1.25 per share as of 2:14 pm ET.