Canadian Aerospace Company Extends Deadline for Debenture Vote Amidst Changes

Bombardier has extended the deadline for bondholders to vote on proposed changes to its 7.35% debentures due 2026. The new deadline is April 10, 2026, at 17:00 Eastern time. In exchange for their approval, bondholders will receive a payment of CAD 1.00 for every CAD 1,000 in principal. Bombardier has retained Kingsdale Advisors to handle the process, while RBC Capital Markets and TD Securities are acting as solicitation agents. The company has not made any recommendation on whether bondholders should consent to the proposed changes, and the decision rests with individual holders. This news was first reported by AeroTime.