RE:RE:RE:RE:RE:LTDThe way I see this might be 'too simplistic' but if it gets too expensive, or less cheap :P , to buy back debt then they can do one of two things:
One, they can renew the debt at cheaper rates - win or two not renew it at all - another win (a buy that's later than what they wanted, we're just not 'saving' anything during a couple of years). Let's not forget that they'll be piling up money while they what for either of these scenarios.
PabloLafortune wrote: 859, its hard to say how the LTD situation will evolve but as you know my fear is rates will come down* which means it will be more expensive for Bombardier to buy back more debt. * however inflation must be contained or else...