CAE announces consent and proxy solicitation targeting its 5.541% Series 1 Senior Unsecured Notes
PR Newswire•12/11/2026•09:29 ET
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Key Highlights
- ➤$400 million Series 1 Notes targeted in CAE consent and proxy solicitation
- ➤CAE exploring transition from IFRS to U.S. GAAP for fiscal 2027
- ➤Noteholders need 66 2/3% approval for proposed indenture amendment
- ➤Eligible consenting holders receive $1 per $1,000 principal amount
- ➤Meeting scheduled for December 16 if written-consent threshold is unmet
CAE announces consent and proxy solicitation targeting its 5.541% Series 1 Senior Unsecured Notes PR Newswire
MONTREAL, Nov. 12, 2026 /PRNewswire/ -- (Nasdaq: CAE) (TSX: CAE) – CAE Inc. ("CAE" or the "Company") announced today that it has commenced a consent and proxy solicitation to amend the indenture governing its 5.541% Series 1 Senior Unsecured Notes due June 12, 2028 (the "Notes") representing $400 million aggregate principal amount.
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