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     545  0 Kommentare Bombardier Closes the Government of Quebec's Investment in the C Series Aircraft Limited Partnership

    MONTRÉAL, QUÉBEC--(Marketwired - June 30, 2016) - Bombardier (TSX:BBD.A)(TSX:BBD.B)(OTCQX:BDRBF) is pleased to confirm that it has closed the previously announced $1 billion US investment by the Government of Québec (the "C Series Investment") in a newly created limited partnership, the C Series Aircraft Limited Partnership to which the assets, liabilities and obligations of the C Series aircraft program were transferred. The disbursement of the first $500 million US installment of the investment occurred on June 30, 2016, and the disbursement of the second $500 million US installment is expected to occur on September 1, 2016.

    Furthermore, as previously announced, Bombardier has issued today in the name of Investissement Québec warrants exercisable for a total number of 50,000,000 Class B shares (subordinate voting) in the capital of Bombardier, exercisable for a period of five years at an exercise price per share equal to $1.72 US, being the U.S. dollar equivalent of $2.21 Cdn at the date of execution of the subscription agreement. Additional warrants, exercisable for a total number of 50,000,000 Class B shares (subordinate voting) in the capital of Bombardier, will be issued concurrently with the disbursement of the second $500 million US installment of the investment.

    About Bombardier

    Bombardier is the world's leading manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.

    Bombardier is headquartered in Montréal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability North America Index. In the fiscal year ended December 31, 2015, we posted revenues of $18.2 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier.

    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; the expected impact of the legislative and regulatory environment and legal proceedings on the Corporation's business and operations; available liquidities and ongoing review of strategic and financial alternatives; the completion, anticipated timing of the disbursement and use of the second installment of the C Series Investment; the effects of the C Series Investment and of the private placement of a minority stake in Transportation to the Caisse de dépôt et placement du Québec (the CDPQ Investment and, with the C Series Investment, the Investments) on the range of options available to us, including regarding our participation in future industry consolidation; the capital and governance structure of the Transportation segment following the CDPQ Investment, and of the Commercial Aircraft segment following the C Series Investment; the impact and expected benefits of the Investments on our operations, infrastructure, opportunities, financial condition, access to capital and overall strategy; the impact of the sale of equity on our balance sheet and liquidity position; and the disbursement of the second installment of the C Series Investment and the timing thereof.

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    Bombardier Closes the Government of Quebec's Investment in the C Series Aircraft Limited Partnership MONTRÉAL, QUÉBEC--(Marketwired - June 30, 2016) - Bombardier (TSX:BBD.A)(TSX:BBD.B)(OTCQX:BDRBF) is pleased to confirm that it has closed the previously announced $1 billion US investment by the Government of Québec (the "C Series Investment") in …