Bombardier Announces Pricing of its New Issuance of Senior Notes Due 2019 and Senior Notes Due 2022

MONTRÉAL, QUÉBEC—(Marketwired – March 31, 2014) – Bombardier Inc. (TSX:BBD.A)(TSX:BBD.B) today announced that it has successfully priced its offering of $1.8 billion US aggregate principal amount of new Senior Notes. The issuance is comprised of $600 million US aggregate principal amount of Bombardier’s Senior Notes due April 15, 2019, which carry a coupon of 4.75% per annum and will be sold at par (the “2019 Notes”), and $1.2 billion US aggregate principal amount of Bombardier’s Senior Notes due October 15, 2022, which carry a coupon of 6.00% per annum and will be sold at par (the “2022 Notes”). The issuance is expected to close on or about April 3, 2014, subject to customary closing conditions.

Bombardier intends to use the proceeds of this offering to finance the redemption of all of Bombardier’s outstanding 7.25% Senior Notes due November 15, 2016 (the “2016 Notes”) pursuant to an optional redemption promptly following the closing of this offering, to finance the repayment at maturity of all of the Corporation’s outstanding 6.30% Notes due May 1, 2014, to pay fees and expenses related to this offering and the related transactions, and as to the remainder, for general corporate purposes.