Bombardier announced today the closing of a permanent financing structure for a value of approximately $1.7 billion US. This structure, known as Regional Aircraft Securitization Program (RASPRO), provides financing in the form of long-term leases for certain Bombardier Aerospace regional aircraft customers. It covers 70 aircraft comprising 65 CRJ and five Q400 aircraft.
A world-leading manufacturer of innovative transportation solutions, from regional aircraft and business jets to rail transportation equipment, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2005, were $15.8 billion US and its shares are traded on the Toronto Stock Exchange (BBD). News and information are available at www.bombardier.com.
CRJ and Q400 are trademarks of Bombardier Inc. or its subsidiaries.
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The RASPRO securities were not and will not be registered under U.S. securities laws and were offered and sold pursuant to exemptions from such registration.