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SLAM DRILLS MORE COPPER MINERALIZATION AT GOODWIN (click to learn more)
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Bullboard - Stock Discussion Forum Bombardier Inc. T.BBD.A

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

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... see more

TSX:BBD.A - Post Discussion

Bombardier Inc. > BBD Finds White Knight to Fend Off Debt Breach Challenge
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Post by BestGoldigger on May 18, 2021 4:21pm

BBD Finds White Knight to Fend Off Debt Breach Challenge

https://news.bloomberglaw.com/bankruptcy-law/bombardier-finds-white-knight-to-fend-off-debt-breach-challenge  Bombardier Inc. sold an additional $260 million of its 7.45% bonds due 2034 to an unidentified party in a move that will make it more difficult for creditors to trigger a default by arguing that the company’s divestitures ran afoul of investor debt protections.

The buyer of the new notes owns a majority of the $510 million of 2034 securities and has agreed to approve certain covenant changes tied to the bonds, Bombardier said in an statement Tuesday. Bombardier is in the process of getting investor approvals to amend terms of eight bonds after it received a letter...

Comment by bicente on May 18, 2021 8:21pm
I thought it would be a partner I guess I was wrong ... ;) ... GLTA quote=BestGoldigger] https://news.bloomberglaw.com/bankruptcy-law/bombardier-finds-white-knight-to-fend-off-debt-breach-challenge  Bombardier Inc. sold an additional $260 million of its 7.45% bonds due 2034 to an unidentified party in a move that will make it more difficult for creditors to ...more  
Bombardier Inc.
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