June 25 (Reuters) - Bombardier Inc BBDb.TO :
* MITSUBISHI HEAVY INDUSTRIES TO ACQUIRE CANADAIR REGIONAL JET PROGRAM FROM BOMBARDIER INC.
* MITSUBISHI HEAVY INDUSTRIES TO ACQUIRE CANADAIR REGIONAL JET PROGRAM FROM BOMBARDIER INC.
* BOMBARDIER - PROPOSED DEAL FOR CASH CONSIDERATION OF $550 MILLION
* BOMBARDIER - BOMBARDIER'S NET BENEFICIAL INTEREST IN REGIONAL AIRCRAFT SECURITIZATION PROGRAM (RASPRO) IS VALUED AT APPROXIMATELY $180 MILLION USD
* BOMBARDIER - CRJ PRODUCTION FACILITY IN MIRABEL, QUÉBEC WILL REMAIN WITH BOMBARDIER
* BOMBARDIER - DEAL INCLUDES ASSUMPTION BY MHI OF LIABILITIES AMOUNTING TO APPROXIMATELY $200 MILLION USD
* BOMBARDIER - BOMBARDIER WILL CONTINUE TO SUPPLY COMPONENTS AND SPARE PARTS AND WILL ASSEMBLE CURRENT CRJ BACKLOG ON BEHALF OF MHI
* BOMBARDIER - AGREEMENT CONTEMPLATES A REVERSE BREAK FEE PAYABLE BY MHI UNDER CERTAIN CIRCUMSTANCES.
* BOMBARDIER - CRJ PRODUCTION IS EXPECTED TO CONCLUDE IN SECOND HALF OF 2020, FOLLOWING DELIVERY OF CURRENT BACKLOG OF AIRCRAFT
* BOMBARDIER - WILL ALSO RETAIN CERTAIN LIABILITIES REPRESENTING A PORTION OF CREDIT AND RESIDUAL VALUE GUARANTEES TOTALING APPROXIMATELY $400 MILLION USD
* BOMBARDIER - AGREEMENT CONTEMPLATES A REVERSE BREAK FEE PAYABLE BY MHI UNDER CERTAIN CIRCUMSTANCES.
* BOMBARDIER - BOMBARDIER'S NET BENEFICIAL INTEREST IN RASPRO WILL BE TRANSFERRED TO MHI.
* BOMBARDIER - CO'S NET BENEFICIAL INTEREST IN RASPRO, VALUED AT ABOUT $180 MILLION, WILL BE TRANSFERRED TO MHI
* BOMBARDIER - CO'S NET BENEFICIAL INTEREST IN RASPRO VALUED AT ABOUT $180 MILLION WILL BE TRANSFERRED TO MHI