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Bombardier Inc. T.BBD.A

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

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

Post by Tempo1on Mar 14, 2024 8:25am
281 Views
Post# 35932209

Redemtion of 100 M$ - Good

Redemtion of 100 M$ - Good100 M$ is not a big amount but it is a very positive signal.
Don't forget that the Q1 is intensive in consuming cash. They already announced that it will be largely negative in free cash flow for inventory building purpose in Q1. 
They redeemed at par 100 M$ at the same time. 
More important for the signal than for the interest saved (7,8 M$ per annum).
Proof of confidence.
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