Bombardier retires all 2028 senior notes

Canadian aerospace manufacturer Bombardier said it has completed redemption of all remaining outstanding 6% senior notes due 2028.

Earlier this week, the company announced that it has redeemed all remaining outstanding $250m aggregate principal amount of its 6% senior notes due 2028.

This debt redemption was funded using cash from Bombardier’s balance sheet.

The company’s liquidity at the end of 2025 stood at $2.5bn,

During 2025, the company repaid senior notes to the tune of $1,149m retiring $800m of its 2027 senior notes and $349 from its 2026 and 2027 notes.

The weighted-average long-term debt maturity was 5.2 years as at December 31, 2025.

Bombardier, in its 2025 filings, had said that it intends to continue to refinance or deploy excess liquidity towards debt pay down.

Bombardier reported a 10% year-over-year increase in 2025 revenues to $9.5bn despite contribution from US shrinking by 5% during the year.

The company’s sales expanded by $866m during the year which was mainly supported by strong sales growth in the Asia Pacific region. Bombardier’s Asian revenues doubled to $1bn compared to $515m in 2024. The $566m increase from the region made for nearly two-thirds of the total revenue growth for the company in 2025. In North America,  both Canada and Mexico saw strong growth. European sales dropped with Germany and Switzerland down significantly.

Free cash flow generation for 2025 saw pronounced improvement reaching $1.1bn, up $840 million versus 2024. This was attributable to higher customer advances associated with new orders and aircraft deliveries.

Reported cash flow from operating activities were $1.2bn, up from $405m in 2024.

Backlog at the end of the year reached $17.5bn, an increase of $3.1bn from end of 2024.

The company is eyeing to deliver more than 157 jets during 2026 targeting revenue of $10bn and adjusted EBIDTA of $1.6bn.