Bombardier Capital Ltd. announced today the successful closing of a $350 million Cdn five-year securitization facility backed by inventory finance receivables. Citicorp North America Inc. acted as structuring agent. This facility replaces two maturing facilities which amounted to $340 million Cdn.
About Bombardier
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, 2004 were $15.5 billion US and its shares are traded on the Toronto, Brussels and Frankfurt stock exchanges (BBD, BOM and BBDd.F). News and information are available at www.bombardier.com.
For information
Dominique Dionne
Vice President, Communication
+1 514 861-9481