RE:RE:Income Investors: Get a 15.3% Yield From Bombardier Inc.Just be aware that on the thesis of interest rates rising being a compelling reason to own BBD.PR.B, such would also mean that it would be incrementally more expensive for Bombardier to refinance its debt. Bombardier and its shareholders are fortunate that bond yields across the spectrum haven't normalized since the great recession, as it's allowed them to negotiate debt on terms that don't place even more undue pressure on their cash flow. All Bombardier investment products, from debt through equity, are really only compelling on the basis of an improving cash flow metric, and though BBD.PR.B are trading at a huge discount to par, their thesis conflicts with the success of Bombardier through the financing portion of their cash flow. Now if the C-Series becomes a screaming success in the next couple of years, and Bombardier is able to significantly pare back their debt-to-cashflow ratio, and pay back some of their debt, and that is followed by the normalization of interest rates, then BBD.PR.B looks REAL GOOD. To sum up, floating rate and fixed-reset preferred shares are only really compelling when leverage isn't working against the company for which they apply, and are priced accordingly. Essentially, you're doubling down on the thesis that finances are likely to improve in the shorter term. GLTA