Dec 21 (Reuters) - CAE Inc CAE.TO :
* CAE TO ISSUE US$550 MILLION OF SENIOR UNSECURED NOTES IN PRIVATE PLACEMENT AND CONCLUDES MONETIZATION OF FUTURE ROYALTY OBLIGATIONS WITH BOMBARDIER
* CAE TO ISSUE US$550 MILLION OF SENIOR UNSECURED NOTES IN PRIVATE PLACEMENT AND CONCLUDES MONETIZATION OF FUTURE ROYALTY OBLIGATIONS WITH BOMBARDIER
* CAE INC - ANNOUNCED CONCLUSION OF ITS PREVIOUSLY DISCLOSED TRANSACTION TO MONETIZE ITS EXISTING FUTURE ROYALTY OBLIGATIONS TO BOMBARDIER
* CAE INC - NOTES WILL BE ISSUED IN SEVERAL US DOLLAR DENOMINATED TRANCHES WITH FIXED INTEREST RATES RANGING FROM 4.45 TO 4.90 PERCENT ANNUALLY
* CAE INC - NOTES HAVE MATURITIES RANGING FROM 10 TO 15 YEARS
* CAE INC - NOTE HOLDERS INCLUDE 19 LARGE INSTITUTIONAL INVESTORS IN UNITED STATES AND CANADA.
* CAE INC - BOMBARDIER DEAL EXPECTED TO CLOSE BY SECOND HALF OF CALENDAR YEAR 2019