MONTREAL, QUEBEC, Nov. 2, 2010 (Marketwire) -- Bombardier Inc. (TSX:BBD.A) (TSX:BBD.B)
(Common Code: 027397859 / ISIN: XS0273978592 (Reg. S) / Common Code: 027397891 / ISIN: XS0273978915 (144A))
Pursuant to Sections 10.01, 10.02, 10.04 and 10.08 of the Indenture (the "Indenture"), dated as of November 16, 2006, by and among Bombardier Inc. ("Bombardier"), Deutsche Bank Trust Company Americas, as a joint Trustee, the U.S. Registrar, the U.S. Paying Agent and the U.S. Transfer Agent, Computershare Trust Company of Canada, as a joint Trustee, the Canadian Registrar and the Canadian Transfer Agent, Deutsche Bank AG, London Branch, as the London Paying Agent, the London Transfer Agent and the Calculation Agent, and Deutsche Bank Luxembourg SA, as the European Registrar, the Luxembourg Paying Agent and the Luxembourg Transfer Agent, notice is hereby given that, subject to the terms of the Indenture, Bombardier is electing to redeem all outstanding Floating Rate Senior Notes due 2013 (the "Notes") at the Redemption Price (defined below) on the Redemption Date (defined below) on the terms set forth below. Capitalized terms used but not defined in this Notice of Redemption have the meaning specified in the Indenture.
Redemption Date: December 2, 2010.
Redemption Price: The redemption price shall consist of EUR1,000.00
per EUR1,000.00 in principal amount plus accrued
and unpaid interest to, but excluding, December 2,
2010. The calculation of accrued and unpaid
interest shall be effected on November 16, 2010
following the determination by the Calculation
Agent of the Applicable Rate for the Interest
Period beginning November 15, 2010. The
calculation of the redemption price including
accrued and unpaid interest to, but excluding,
December 2, 2010 shall be disclosed by Bombardier
by press release on November 16, 2010.
Paying Agent: In accordance with the Indenture, in order to
collect the Redemption Price, a Holder must
surrender (or transfer by book-entry transfer) the
Notes to the Paying Agent at one of its addresses
Deutsche Bank Trust Deutsche Bank AG, Deutsche Bank
Company Americas, 60 London Branch, Luxembourg SA,
Wall Street, MS NYC 60- Winchester House, 2, Boulevard Konrad
2710 1 Great Winchester Adenauer,
New York, New York Street, L-1115 Luxembourg
10005 London EC2N 2DB,
United States of United Kingdom
To facilitate prompt payment, the Notes should be surrendered as soon as possible to the Paying Agent. SECURITIES HELD IN BOOK-ENTRY FORM WILL BE REDEEMED IN ACCORDANCE WITH THE APPLICABLE PROCEDURES OF EUROCLEAR BANK S.A./N.V. AND CLEARSTREAM BANKING, SOCIETE ANONYME.
The Notes will become due on the Redemption Date. The Redemption Price will be paid promptly following the later of the Redemption Date and the time of surrender of the Notes to the Paying Agent. On the Redemption Date, the Redemption Price will become due and payable upon each Note to be redeemed, and, unless Bombardier defaults in paying the Redemption Price, interest on the Notes will cease to accrue on and after the Redemption Date.
No representation is made by Bombardier as to the correctness or accuracy of the ISIN numbers and Common Codes listed in this notice or printed on the Notes. They are included solely for the convenience of the Holders.
This redemption notice is dated and given this 2nd day November 2010.
If you have any questions concerning this notice of redemption, please contact Andrew Baranowsky, Senior Director, Corporate Finance and Administration, at (514) 861-9481 or via mail c/o Bombardier Inc., 800 Rene-Levesque Boulevard West, Montreal, Quebec H3B 1Y8, Canada.
A Holder may be subject to a $50 penalty imposed by the United States Internal Revenue Service (the "IRS") and backup withholding at a rate of 28% of the redemption proceeds payable to a Holder unless the Holder (i) establishes that he, she or it is a corporation or other exempt Holder or (ii) provides an accurate taxpayer identification number on an IRS Form W-9, and makes the appropriate certifications set forth in IRS Form W-9 under penalties of perjury. For further information concerning backup withholding and instructions for completing IRS Form W-9 (including how to obtain a taxpayer identification number if you do not have one and how to complete IRS Form W-9 if the Notes are held in more than one name), consult the general instructions in IRS Form W-9. Each Holder that is not a U.S. person (as defined in the general instructions in IRS Form W-9, such Holder referred to herein as a "Non-U.S. Holder") generally must submit a properly completed applicable IRS Form W-8 (rather than an IRS Form W-9), certifying, under penalties of perjury, to such Non-U.S. Holder's foreign status in order to establish an exemption from backup withholding. An applicable IRS Form W-8 or IRS Form W-9 and instructions to any of these forms may be obtained at the IRS website at http://www.irs.gov.
Corporate Finance and Administration