Jul. 2, 2009 (Hugin AS) --

MONTREAL, QUEBEC--(Marketwire - July 02, 2009) - Bombardier (TSX:
BBD.A)(TSX: BBD.B) announces today that it has closed a $600 million
Letter of Credit Facility agreement with a syndicate of first quality
financial institutions, mainly North American-based.

This facility, which was oversubscribed, is dedicated to supporting
Bombardier Aerospace's operations as well as the general needs of the
Corporation, and replaces the facility which was to expire in
December 2009. Bombardier successfully attained its objectives of
securing availability for the issuance of letters of credit until
December 2011.

"Bombardier is pleased with this solid demonstration of bank support
for its business plan, especially in this difficult economic
environment," said Pierre Alary, Senior Vice President and Chief
Financial Officer, Bombardier Inc. (TSX:BBD.D) (TSX:BBD.C) (TSX:BBD'B) (TSX:BBD'A)

National Bank Financial Inc., RBC (NYSE:RY) Capital Markets and UBS (NYSE:UBS) Securities
LLC have jointly arranged the facility as Mandated Lead Arrangers and
Joint Bookrunners.

About Bombardier

A world-leading manufacturer of innovative transportation solutions,
from commercial aircraft and business jets to rail transportation
equipment, systems and services, Bombardier Inc. is a global
corporation headquartered in Canada. Its revenues for the fiscal year
ended Jan. 31, 2009, were $19.7 billion US, and its shares are traded
on the Toronto Stock Exchange (BBD). Bombardier is listed as an index
component to the Dow Jones Sustainability World and North America
indexes. News and information are available at www.bombardier.com.


Contacts:
Bombardier Inc.
Isabelle Rondeau
Director, Communications
514-861-9481

Bombardier Inc.
Shirley Chenier
Senior Director, Investor Relations
514-861-9481
www.bombardier.com


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