CAE seeks debt amendment to allow potential switch to U.S. GAAP

CAE•2026-11-12

CAE is seeking approval to amend terms for $400 million of 5.54% senior unsecured notes due June 12, 2028, to accommodate a potential switch from IFRS to U.S. GAAP for the fiscal year ending March 31, 2027. Eligible noteholders who consent or support the amendment would receive $1 per $1,000 principal if it takes effect.

CAE seeks debt amendment to allow potential switch to U.S. GAAP

1. Consent process

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