Bombardier Inc. T.BBD.A

Alternate Symbol(s): BDRPF | BDRXF | BDRAF | BDRBF | T.BBD.B | T.BBD.PR.B | BOMBF | T.BBD.PR.C | T.BBD.PR.D

Industrials Aerospace & Defense

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.

TSX:BBD.A - Post by User

Bombardier Inc. > What’s left in terms of debt ?????

<< Previous

Bullboard Posts

Next >>

Comment by clubhouse19on Jul 31, 2020 3:01pm

141 Views

Post# 31351422

RE:RE:RE:RE:What’s left in terms of debt ?????

So Lebel states that Liquidity includes ability to borrow.

Lebel why don't you supply us the definition of liquidity and whether it includes the ability to borrow or should it not mean only assets that are easily convertible ??

Where do you get that liquidity means ability to borrow ???

pierrelebel wrote:
Shamhorish wrote "we also know that bbd said lately they have $3.4 b in cash,"

Not quite. Please review the statement of July 22 (last week) by Bombardier very carefully.

"As of June 30, 2020, cash on hand and liquidity⁽¹⁾ were approximately $1.7 and $2.4 billion, respectively."

(liquidity includes ability to borrow from the bank! - it is not "cash")

"With the new Facility, Bombardier expects second quarter 2020 pro-forma liquidity of approximately $3.4 billion, reflecting approximately $1.0 billion of free cash flow usage in the second quarter.^{(3)"

"pro-forma liquidity" is NOT cash. It is cash + ability to borrow.}