Bombardier Completes Redemption of its 4.250% Senior Notes Due 2016

Bombardier Inc. / Bombardier Completes Redemption of its 4.250% Senior Notes Due 2016 . Processed and transmitted by NASDAQ OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.

MONTREAL, QUEBEC--(Marketwired - Apr 29, 2015) - Bombardier (TSX:BBD.A)(TSX:BBD.B)(OTCQX:BDRBF) today announced that it has redeemed all of its 4.250% Senior Notes due 2016 (CUSIP: C10602AU1 / ISIN: USC10602AU14 (Reg. S) / CUSIP: 097751BB6 / ISIN: US097751BB60 (144A)) (the "Notes") pursuant to the notice of redemption issued on March 30, 2015 (the "Notice"). Notes that have not yet been surrendered to the paying agent under the indenture governing the Notes should be so surrendered in accordance with the terms of the Notice, as soon as possible to facilitate prompt payment. The previously announced redemption price in respect of the Notes will be paid promptly following the later of the date hereof and the time of surrender of the Notes in accordance with the terms of the Notice.

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 securities mentioned herein have not been and will not be qualified for distribution to the public under applicable Canadian securities laws and, accordingly, the securities mentioned herein 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.

FORWARD-LOOKING STATEMENTS

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.