Bullboard - Stock Discussion Forum Bombardier Inc. T.BBD.A

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

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... see more

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TSX:BBD.A - Post Discussion

Bombardier Inc. > The deal is better now...

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Post by GuiGau1 on Jan 08, 2021 11:46am

The deal is better now...

Just remember, they sold BT for 7.15 billions euro
The exchange rate in feb 2020 was 1.09 usd=1 euro. Actually it is 1.23usd=1 euro (up about 10-12%)

Bbd debts is in USD, so the deal now worth 8.8 billions USD. In Feb, it was 7.8 billions USD.

So they lower the deal by 500millions USD but we had an appreciation by the money valuation by about 1billion.

The debts could be lower after the deal than expected... GLTA

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Comment by PabloLafortune on Jan 08, 2021 12:07pm

I do believe that but keep in mind per the theory of rational expectations, I'm __________.

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Comment by Jim99999 on Jan 08, 2021 6:14pm

As per note 3 of the Alstom news release announcing the SPA, the parties have agreed to use an exchange rate of approximately 1:1.17. Therefore, I do not believe BBD benefits from any further strengthening of the Euro relative to USD. Alstom SPA news release Jim

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