MONTREAL, QUEBEC--(Marketwire - July 12, 2012) - (TSX:BBD.A)(TSX:BBD.B) - As of August 1, 2012, the 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 yield to maturity, designated on July 11, 2012 by National Bank Financial and CIBC World Markets Inc., that would be carried by a Government of Canada bond with a five-year maturity, multiplied by (b) 255%.
The average yield of this Government of Canada bond is 1.229%. Accordingly, the annual dividend rate applicable to the Series 3 Preferred Shares for the period of five years beginning on August 1, 2012 will be 3.134%.
Bombardier is the world's only manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.
Bombardier is headquartered in Montréal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability World and North America indexes. In the fiscal year ended December 31, 2011, we posted revenues of $18.3 billion USD. News and information are available at www.bombardier.com or follow us on Twitter @Bombardier.