The company purchased certain debt securities

Davis Polk advised the dealer managers in connection with Bombardier Inc.’s cash tender offer to purchase up to $354 million aggregate principal amount of its outstanding 7.50% senior notes due 2025.

Bombardier designs, develops, manufactures and markets the Global and Challenger families of business jets and adapts various aircraft platforms for specialized use such as surveillance and reconnaissance, medical evacuations and dignitary transport. Headquartered in Montréal, Québec, Canada, Bombardier is present in more than 12 countries including its production/engineering sites and its customer support network. It supports a worldwide fleet of approximately 5,000 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments and private individuals.

The Davis Polk corporate team included partner Byron B. Rooney and associate Michael Stromquist. The tax team included partner Michael Farber and associate Justin Corvino. All members of the Davis Polk team are based in the New York office.

Copy link to share post