Bombardier Inc. T.BBD.A

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

Industrials Aerospace & Defense

Bombardier Inc. is focused on designing, manufacturing, and servicing business jets. The Company has a fleet of approximately 5,000 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments, and private individuals. The Company designs, develops, manufactures and markets two families of business jets (Challenger and Global), spanning from the mid-size to large categories. The Company also provides aftermarket support for both of these aircraft, as well as for the Learjet family of aircraft. The Company's 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, Italy, Austria, The United Arab Emirates, Singapore, China and Australia. Its jets include Challenger 300, Challenger 350, Challenger 3500, Global 5000, Global 5500, Global 6000.

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

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Comment by clubhouse19on Jul 31, 2020 3:01pm

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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.}