MONTRÉAL, July 12, 2022 (GLOBE NEWSWIRE) -- Bombardier Inc. (TSX: BBD.B) (TSX: BBD.PR.B) (TSX:BBD.PR.D) today announced that as of August 1, 2022, its Series 3 Preferred Shares will pay, on a quarterly basis, as and when declared by the Board of Directors of Bombardier Inc., cash dividends for the following five years that will be based on a fixed rate equal to the product of (a) the average of the yields to maturity that would be carried by a Government of Canada bond with a five-year maturity, designated on July 11, 2022 by each of National Bank Financial Inc. and TD Securities Inc., namely 3.164%, multiplied by (b) 145%, which multiplier was previously announced on June 17, 2022.
Bombardier Announces Dividend Rate Applicable to its Series 3 Preferred Shares
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