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Bombardier Inc.: Bombardier Announces Release of Escrowed Funds in Respect of Issuance of US$2.25 Billion Senior Notes

Bombardier Inc. / Bombardier Announces Release of Escrowed Funds in Respect of
Issuance of US$2.25Billion Senior Notes . Processed and transmitted by NASDAQ
OMX Corporate Solutions.The issuer is solely responsible for the content of
this announcement.
MONTREAL, QUEBEC--(Marketwired - Mar 27, 2015) - Bombardier
(TSX:BBD.A)(TSX:BBD.B)(OTCQX:BDRBF) today announced the satisfaction of the
escrow release condition relating to Bombardier's previously announced
issuance of US$2.25 billion aggregate principal amount of new Senior Notes,
which closed under escrow on March 13, 2015. The escrow release condition was
satisfied as, earlier today, the net proceeds from Bombardier's issuance and
sale of subscription receipts, which closed on February 27, 2015, have been
released to Bombardier. Accordingly, all of the escrowed funds were released
to Bombardier earlier today.

This press release does not constitute an offer to sell or the solicitation of
an offer to buy any security and shall not constitute an offer, solicitation
or sale of any securities in any jurisdiction in which such offering,
solicitation or sale would be unlawful.

The securities mentioned herein have not been and will not be registered under
the United States Securities Act of 1933, as amended, any state securities
laws or the laws of any other jurisdiction, and may not be offered or sold in
the United States absent registration or an applicable exemption from such
registration requirements. The Senior Notes have not been and will not be
qualified for distribution to the public under applicable Canadian securities
laws and, accordingly, the Senior Notes may not be offered or sold in Canada
other than on a basis which is exempt from the prospectus requirements of
applicable securities laws in Canada.

Bombardier and The Evolution of Mobility are trademarks of Bombardier Inc. or
its subsidiaries.


This press release includes forward-looking statements, which may involve, but
are not limited to: statements with respect to the Corporation's objectives,
guidance, targets, goals, priorities, market and strategies, financial
position, beliefs, prospects, plans, expectations, anticipations, estimates
and intentions; general economic and business outlook, prospects and trends
of an industry; expected growth in demand for products and services; product
development, including projected design, characteristics, capacity or
performance; expected or scheduled entry-into-service of products and
services, orders, deliveries, testing, lead times, certifications and project
execution in general; competitive position; and the expected impact of the
legislative and regulatory environment and legal proceedings on the
Corporation's business and operations; the Corporation's available
liquidities and the Corporation's capital raising plan, the use of proceeds
from the Offering; the impact of the offering on the Corporation's
operations, infrastructure, opportunities, financial condition, access to
capital and overall strategy;. Forward-looking statements generally can be
identified by the use of forward-looking terminology such as "may", "will",
"expect", "intend", "anticipate", "plan", "foresee", "believe", "continue",
"maintain" or "align", the negative of these terms, variations of them or
similar terminology. By their nature, forward-looking statements require
management to make assumptions and are subject to important known and unknown
risks and uncertainties, which may cause actual results in future periods to
differ materially from those forecasted. While management considers these
assumptions to be reasonable and appropriate based on information currently
available, there is risk that they may not be accurate. . For additional
information with respect to the assumptions underlying the forward-looking
statements made in this press release, refer to the respective Guidance and
forward-looking statements sections in Aerospace and in Transportation in the
Management's Discussion and Analysis (MD&A) of the Corporation's financial
report for the fiscal year ended December 31, 2014.

Certain factors that could cause actual results to differ materially from
those anticipated in the forward-looking statements include, but are not
limited to, risks associated with general economic conditions, risks
associated with the Corporation's business environment (such as risks
associated with the financial condition of the airline industry and major
rail operators), operational risks (such as risks related to developing new
products and services; doing business with partners; product performance
warranty and casualty claim losses; regulatory and legal proceedings; the
environment; dependence on certain customers and suppliers; human resources;
fixed-price commitments and production and project execution), risks relating
to the Corporation's ability to implement its capital raising plan and
mitigate potential liquidity underperformance; financing risks (such as risks
related to liquidity and access to capital markets, exposure to credit risk,
certain restrictive debt covenants, financing support provided for the
benefit of certain customers and reliance on government support); and market
risks (such as risks related to foreign currency fluctuations, changing
interest rates, decreases in residual values and increases in commodity
prices). For more details, see the Risks and uncertainties section in Other
in the MD&A of the Corporation's financial report for the fiscal year ended
December 31, 2014. Readers are cautioned that the foregoing list of factors
that may affect future growth, results and performance is not exhaustive and
undue reliance should not be placed on forward-looking statements. The
forward-looking statements set forth herein reflect management's expectations
as at the date of this press release and are subject to change after such
date. Unless otherwise required by applicable securities laws, the
Corporation expressly disclaims any intention, and assumes no obligation to
update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise. The forward-looking statements
contained in this press release are expressly qualified by this cautionary

Contact Information

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Bombardier Inc. via Globenewswire


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