Bombardier Announces Dividend Rate Applicable to its Series 3 Preferred Shares

ID: 1132597
recent pressrelease next pressrelease

(Thomson Reuters ONE) -
Bombardier Inc. /
Bombardier Announces Dividend Rate Applicable to its Series 3 Preferred Shares
. Processed and transmitted by Thomson Reuters ONE.
The issuer is solely responsible for the content of this announcement.

MONTREAL, QUEBEC--(Marketwire - July 12, 2012) - (TSX: BBD.A)(TSX: BBD.B) - As
of August 1, 2012, the Series 3 Preferred Shares will pay, on a quarterly basis,
as and when declared by the Board of Directors of Bombardier Inc., cash
dividends for the following five years that will be based on a fixed rate equal
to the product of (a) the average of the yield to maturity, designated on July
11, 2012 by National Bank Financial and CIBC World Markets Inc., that would be
carried by a Government of Canada bond with a five-year maturity, multiplied by
(b) 255%.

The average yield of this Government of Canada bond is 1.229%. Accordingly, the
annual dividend rate applicable to the Series 3 Preferred Shares for the period
of five years beginning on August 1, 2012 will be 3.134%.

About Bombardier

Bombardier is the world's only 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 Montreal, Canada. Our shares are traded on the
Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability
World and North America indexes. In the fiscal year ended December 31, 2011, we
posted revenues of $18.3 billion USD. News and information are available at
www.bombardier.com or follow us on Twitter (at)Bombardier.

Contacts:
Isabelle Rondeau
Director, Communications
Bombardier Inc.
(514) 861-9481



Shirley Chenier
Senior Director, Investor Relations
Bombardier Inc.
+514-861-9481
www.bombardier.com



This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Bombardier Inc. via Thomson Reuters ONE
[HUG#1626339]






Keywords (optional):



Company information / Profile:

PressRelease by

Requests:



PressContact / Agency:



published by: hugin
print pressrelease  send to a friend  

Date: 07/12/2012 - 08:41
Language: English
News-ID 1132597
Character count: 0
Kontakt-Informationen:
Firma: Bombardier Inc.
Ansprechpartner: Feedback to businesspress24.com about Pressrelease-id:
Stadt: West Montreal, QC
Telefon:

Comments:



Number of hits: 148

Linking-Tips:



Direct Link to this PressRelease:






We would appreciate a link in your News-, Press- or Partner-Site.

Comments on this PressRelease






All members: 9 438
Register today: 0
Register yesterday: 0
Members online: 0
Guests online: 86


Don't have an account yet? You can create one. As registered user you have some advantages like theme manager, comments configuration and post comments with your name.