Bombardier Inc. completed a two-tranche offering of eurobonds listed on the Luxembourg Stock Exchange on February 22, 2001. The offering was the first by a Canadian corporation in the eurobond market in quite some time. The two tranches comprised £500 million 5.75 per cent notes due February 2008 and £175 million 6.25 per cent notes due February 2006, respectively.
The syndicate for both tranches was comprised of JP Morgan Securities Ltd., Deutsche Bank AG London, ABN AMRO Bank NV, Credit Suisse First Boston (Europe) Limited, Bayerische Landesbank Girozentrale, BNP Paribas, Commerzbank Aktiengesellschaft, Dresdner Bank AG London Branch, Société Générale, UBS AG and Westdeutsche Landesbank Girozentrale.
Bombardier Inc. was represented for both tranches of notes by Daniel Desjardins, its Vice-President, Legal Services, and by Peter S. Noble and Frank L. Picciola of Ogilvy Renault in London, England and Paul Raymond and Solomon Sananes of Ogilvy Renault in Montreal. The underwriters for both tranches of notes were represented by Marianne Sussex and Geneviève Roy in the London office of Stikeman Elliott and Jean Marc Huot of the Montreal office of Stikeman Elliott.