Bombardier Closes Securitization

Bombardier Inc. closed a US$200 million securitization arranged by Citibank, N.A. The notes issued by a Citigroup administered conduit, the securitization vehicle, were backed by a pool of trade receivables originated by Bombardier and certain of its U.S. subsidiaries. The deal closed on January 31, 2003.

Bombardier was represented in-house by Daniel Desjardins, vice-president, legal services, and Guy Dionne; in Canada, by Robert Borduas, Sam Billard and Jules Charette (tax) and Alana Hunt and George Maughan of Ogilvy Renault; and in the U.S., by Christopher Hilbert, John Bonacum, Siegfried Knopf and Alexi Poretz of Sidley Austin Brown & Wood LLP.

Citibank was represented in Canada, by Martin Fingerhut, Mark Selick, Michelle Schwartzberg and Norm Saibil of Blake, Cassels & Graydon LLP, and in the U.S., by Eric Marcus, Roger DuBroff, Brian Alalu and Steven Cohen of Kaye Scholer LLP.


Eric P. Marcus Mark J. Selick Martin Fingerhut Robert G. Borduas John Bonacum, III Jules Charette Norm Saibil Alexi M. Poretz Christopher Hilbert Samuel C. Billard Michelle L. Schwartzberg Siegfried P. Knopf Robert DuBroff Brian Alalu George Maughan