Alstom has been awarded a contract with ODEG in Germany to supply 8 Coradia Lint diesel trains. They will be commissioned from December 2022. The transaction is expected to be double digits in the second year following the closing of the transaction and should receive Alstom`s credit profile with a Baa2 rating. About Bombardier TransportBombardier Transport is a global provider of mobility solutions that is leading with the broadest portfolio in the rail industry. It covers the full range of solutions, from trains to subsystems and signalling, turnkey transportation systems, e-mobility technology and data-controlled maintenance services. By combining technology and performance and empathy, Bombardier Transportation is exploring new pathways to sustainable mobility by offering integrated solutions that deliver significant benefits to operators, passengers and the environment. Headquartered in Berlin, Bombardier Transportation employs approximately 36,000 people and operates with its products and services in more than 60 countries. Alstom is convinced of the strong strategic motivation of the acquisition and is hopeful of regaining Bombardier Transport`s commercial, operational and profitability potential. Alstom confirms its objectives of achieving synergies with maturities of approximately $473 million in the fourth to fifth year and reducing Bombardier Transportation`s margin to its standard medium-term level. The transaction is expected to be in the second year eps-accretive double digits, after closing and obtain The solid credit profile of Alstom with a Baa2 rating. Alstom`s acquisition of Bombardier Transportation became closer when Alstom announced that it had signed the sales contract with Bombardier Inc.
and the Caisse de dépt et placement du Québec (CDPQ). The terms of the agreement have been adapted to the current situation. A reduction in the price range of 300 million euros has been agreed with Bombardier Inc and CDPQ. In the absence of further downward adjustments related to the net liquidity protection mechanism, the price range for the 100% acquisition of Bombardier Transportation shares will therefore be EUR 5.5 billion to EUR 5.9 billion. Factors that could cause actual results to differ materially from those expected in forward-looking statements include, among other things, risks related to the overall economic situation, risks associated with our business environment (for example. B the risks associated with Brexit, the financial situation of the aviation industry, business aircraft customers and the railway industry; Trade policy increased competition, political instability and force majeure events or global climate change), operational risks (e.g. B the risks associated with the development of new products and services; Developing new operations and awarding new contracts; The book-to-bill report and the order book; Certification and certification of products and services Fixed and fixed-price commitments, as well as the implementation of production and project, including challenges related to certain transportation projects; Pressure on cash flows and capital expenditures based on fluctuations in the project cycle and seasonality; Implementing our strategy, transformation plan, productivity improvement, operational efficiency and restructuring initiatives; Business with partners Inadequate planning and management of funds and project funding; guaranteed product delivery and loss damage; regulatory and judicial procedures; Environmental, health and safety risks Dependence on certain customers, contracts and suppliers; Supply chain risks Human resources Dependence on information systems Invocation and protection of intellectual property rights; Reputational risks Risk management Tax issues and the adequacy of insurance coverage), financing risks (such as liquidity risks and access to capital markets; pension plan risk; credit risk, significant debt and interest payment requirements; restrictive debt and debt pacts