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Air Canada announces proposed private placement of US $400,000,000 bond financing
Montreal (ots-PRNewswire) - Air Canada announced today that it is proposing to sell US$400,000,000 aggregate principal amount of senior unsecured notes due 2011 on a private placement basis in the United States under Rule 144A under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and on a private placement basis in Canada and Europe. Air Canada will use the net proceeds from the offering to refinance existing debt. These notes have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. Air Canada is Canada's premier domestic and international full-service airline and provides world wide passenger transportation. The Company's Common Shares are listed on the Toronto Stock Exchange and its Class A Non-Voting Common Shares are listed on the Toronto Stock Exchange and quoted on the Nasdaq National Market. ots Original Text Service: Air Canada Internet: http://www.recherche.newsaktuell.de
Contact: Nicole Couture-Simard (MontrÈal): Tel. +1 (514) 422-5788 Laura Cooke (Toronto): Tel. +1 (416) 263-5576 Angela Mah (Vancouver): Tel. +1 (604) 643-5660 Internet: http://www.aircanada.caOriginal-Content von: Air Canada, übermittelt durch news aktuell