Bombardier Closes Cdn$638.4 Million (approximately US$500 Million) Offering of Equity

Bombardier (TSX:BBD.A)(TSX:BBD.B)(TSX:BBD.PR.B)(TSX:BBD.PR.D)(TSX:BBD.PR.C)(OTCQX:BDRBF) announced today that it has closed its previously announced offering of 168,000,000 Class B shares (subordinate voting) at a purchase price of Cdn$3.80 per share (the Offering), for aggregate gross proceeds of Cdn$638.4 million. The Offering was underwritten by a syndicate of underwriters led by Credit Suisse Securities (Canada), Inc., National Bank Financial Inc., UBS Securities Canada Inc. and TD Securities Inc.

A short form prospectus dated March 16, 2018 has been filed with the securities regulatory authorities of each of the provinces of Canada in connection with the Offering.