NFI Group Inc T.NFI

Alternate Symbol(s): NFYEF | T.NFI.DB

Industrials

NFI Group Inc. is a Canada-based independent global bus manufacturer. The Company provides a suite of mass transportation solutions under brands: New Flyer (heavy-duty transit buses), Alexander Dennis (AD) (single and double-deck buses), Plaxton (motor coaches), MCI (motor coaches), ARBOC (low-floor cutaway and medium-duty buses) and NFI Parts (aftermarket parts sales). It operates through two segments: Manufacturing Operations and Aftermarket Operations. The Manufacturing Operations segment manufactures, services and supports transit buses, coaches, medium-duty, and cutaway buses. The Aftermarket Operations segment is engaged in the sale of aftermarket parts for transit buses, coaches and medium- duty/cutaway buses, both for the Company's and third-party products. Its product type includes Heavy-duty transit buses, Single deck buses, Double-deck buses, Articulated buses, motor coaches, low floor cutaway, and medium-duty buses.

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NFI Group Inc

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Post by KozmoTon Nov 15, 2021 4:57pm

193 Views

Post# 34129188

Don't know about the debentures but do know THIS is

good news ...

"Historic Bus Program Funding

The Bus and Bus Facility Program increases by 172%, from $808 million in 2021, to $3.2 billion in fiscal 2026.
The Low or No Emission Vehicle Grant Program, under which NFI was named partner by nine agencies in 2021, the Company’s highest showing ever and the most of any North American manufacturer, increases by 1,270% to $5.63 billion by fiscal 2026 (authorized and supplemental appropriations combined).
Zero-emission and traditional bus procurements can also occur through the $3.2 billion Buses and Bus Facilities Formula program and $7.6 billion Buses and Bus Facilities Discretionary program."

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