Bombardier Announces a Cash Tender Offer for Any and All of its 4.75% Senior Notes due 2019

Bombardier Inc. / Bombardier Announces a Cash Tender Offer for Any and All of its 4.75% Senior Notes due 2019 . Processed and transmitted by Nasdaq Corporate Solutions. The issuer is solely responsible for the content of this announcement.

MONTREAL, QUEBEC--(Marketwired - Nov 20, 2017) - Bombardier Inc. (TSX: BBD.A) (TSX: BBD.B) (OTCQX: BDRBF) ("Bombardier") today announced the commencement of a cash tender offer (the "Tender Offer") to purchase any and all of Bombardier's 4.75% Senior Notes due 2019 (CUSIP No. 097751BH3 / US097751BH31 (144A) / ISIN No. C10602AX5 / USC10602AX52 (Reg. S)) (the "2019 Notes"). The Tender Offer is being made pursuant to an Offer to Purchase dated November 20, 2017 and the related Notice of Guaranteed Delivery.

Upon the terms and subject to the conditions described in the Offer to Purchase and the Notice of Guaranteed Delivery, Bombardier is offering to purchase for cash any and all of its 2019 Notes. Tenders of the 2019 Notes may be withdrawn at any time at or prior to 5:00 p.m., New York City time, on November 28, 2017, unless extended or earlier terminated (such date and time, as it may be extended or earlier terminated, the "Withdrawal Deadline"), but may not be withdrawn thereafter. The Tender Offer for any and all of the 2019 Notes will expire at 5:00 p.m., New York City time, on November 28, 2017 unless extended or earlier terminated (such date and time, as it may be extended or earlier terminated, the "Expiration Date").

The Tender Offer is being undertaken to take advantage of current favourable conditions in the debt capital markets and to extend Bombardier's debt maturity profile by refinancing Bombardier's long-term debt due in 2019 with longer maturity financing.

The consideration for each US$1,000 principal amount of 2019 Notes validly tendered, not validly withdrawn and accepted for purchase will be as set forth in the table below under "Tender Offer Consideration." In addition, all holders of 2019 Notes accepted for purchase in the Tender Offer will also receive accrued and unpaid interest on such purchased 2019 Notes from the last interest payment date up to, but not including, the payment date (except as provided in the Offer to Purchase with respect to 2019 Notes delivered pursuant to the guaranteed delivery provisions set forth in the Offer to Purchase).