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Gold/Mining/Energy : Bombardier, maker of planes and trains and other things
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To: Gilbert Drapeau who wrote (1167)7/7/2004 10:18:11 PM
From: Gilbert Drapeau   of 1177
 
Bombardier Announces Successful Renewal of Bank Lines in
Europe

MONTREAL, QUEBEC--JULY 7, 2004 - 16:23 ET
(CCNMatthews - Jul 7, 2004) - Bombardier Inc.
announced today that it has successfully renewed the 364-day
portion of its euros 3.71-billion syndicated European credit
facility through syndicated banks. The new maturity date for this
tranche is July 6, 2005.

Twenty-four banks extended their facilities, totalling euros 492
million. The agent bank is HSBC Bank PLC.

"This successful renewal further demonstrates the Corporation's
healthy liquidity position as well as the European banking
syndicates' confidence in our three-year restructuring plan,"
said Francois Lemarchand, Bombardier's Senior Vice President and
Treasurer.

About Bombardier

A world-leading manufacturer of innovative transportation
solutions, from regional aircraft and business jets to rail
transportation equipment, Bombardier Inc. is a global corporation
headquartered in Canada. Its revenues for the fiscal year ended
Jan. 31, 2004 were $15.5 billion US and its shares are traded on
the Toronto, Brussels and Frankfurt stock exchanges (BBD, BOM and
BBDd.F). News and information are available at
www.bombardier.com.
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