Back to News
investment

Bombardier Announces $500 Million Debt Repayment and Confirms Deleveraging Plan on Target

Financial Post
Loading...
4 min read
1 views
0 likes
Bombardier Announces $500 Million Debt Repayment and Confirms Deleveraging Plan on Target

Summarize this article with:

Author of the article:You can save this article by registering for free here. Or sign-in if you have an account.MONTREAL, Dec. 17, 2025 (GLOBE NEWSWIRE) — Bombardier today confirmed the company is on track to reach its previously stated net leverage ratio target of 2.0–2.5x. With the $500 million debt redemption notice announced on December 17, which is expected to close by Feb 17, 2026, the Bombardier team will have successfully reduced its long-term debt by $5.5 billion since December 2020, generating annualized interest cost savings of more than $409 million (1).Subscribe now to read the latest news in your city and across Canada.Subscribe now to read the latest news in your city and across Canada.Create an account or sign in to continue with your reading experience.Create an account or sign in to continue with your reading experience.This achievement reflects Bombardier’s proactive focus on responsibly deploying capital and proactively managing its debt maturity runway—all to ensure flexibility to invest in strategic growth initiatives that will further deliver value. In parallel to this, the company has seen multiple credit-rating upgrades, having most recently reached a Ba3 rating from Moody’s and BB- from S&P Global Ratings.“Our proactive approach to liquidity and debt management has been a cornerstone of Bombardier’s turnaround and reflects the foundational strategy that was set, and flawlessly executed by our disciplined team,” said Bart Demosky, Executive Vice President and Chief Financial Officer. “By continuously prioritizing debt reduction and strengthening liquidity, Bombardier is on track to meet its stated long-term deleveraging targets, and in doing so, we have enhanced the company’s resiliency and financial flexibility. We are in a position to invest confidently in the future of our business, all while keeping a sharp eye on opportunities to improve leverage ratios further. This mindset will continue to shape our success.”Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Bombardier originally announced a long-term net leverage ratio target of ~3.0x as part of the company’s 2021 Investor Day. The target was later revised to 2.0-2.5x in 2023 on the heels of strong business execution and solid fundamentals.(1) FORWARD-LOOKING STATEMENTSCertain statements in this announcement are forward-looking statements based on current expectations. By their nature, forward-looking statements require us to make assumptions and are subject to important known and unknown risks and uncertainties, which may cause our actual results in future periods to differ materially from those set forth in the forward-looking statements.About BombardierAt Bombardier (BBD-B.TO), we design, build, modify and maintain the world’s best-performing aircraft for the world’s most discerning people and businesses, governments and militaries. That means not simply exceeding standards, but understanding customers well enough to anticipate their unspoken needs.For them, we are committed to pioneering the future of aviation—innovating to make flying more reliable, efficient and sustainable. And we are passionate about delivering unrivaled craftsmanship and care, giving our customers greater confidence and the elevated experience they deserve and expect. Because people who shape the world will always need the most productive and responsible ways to move through it.Bombardier customers operate a fleet of more than 5,200 aircraft, supported by a vast network of Bombardier team members worldwide and 10 service facilities across six countries. Bombardier’s performance-leading jets are proudly manufactured in aerostructure, assembly and completion facilities in Canada, the United States and Mexico. In 2024, Bombardier was honoured with the prestigious “Red Dot: Best of the Best” award for Brands and Communication Design.For InformationFor corporate news and information, including Bombardier’s Sustainability report, as well as the company’s initiative to cover all its flight operations with a Sustainable Aviation Fuel (SAF) blend utilizing the Book-and-Claim system visit bombardier.com.Learn more about Bombardier’s industry-leading products and customer service network at bombardier.com. Follow us on X @Bombardier.Media ContactsGeneral media contact webformChristina Lemyre McCraw+1 514 497-4928christina.lemyremccraw@aero.bombardier.comPostmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information.

Read Original

Source Information

Source: Financial Post