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Bombardier Inc. T.BBD.A

Alternate Symbol(s):  BDRPF | T.BBD.PR.B | BDRXF | T.BBD.PR.C | T.BBD.PR.D | BOMBF | BDRAF | T.BBD.B | 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 operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.


TSX:BBD.A - Post by User

Bullboard Posts
Comment by Acuras1on Nov 17, 2016 12:55am
186 Views
Post# 25473187

RE:Buying more time for the turnaround plan

RE:Buying more time for the turnaround planI'm happy to read that at least some here understand this refinancing was another smart move by Bombardier's new management to get ahead of the debt's maturity in 2018. For the ones who think it's difficult for Bombardier to raise funds, it took the underwriters in 2015 about 15 minutes to sell it all, and I'm sure it was even easier this time around to raise the funds. There's a big market out there for this type of "junk rated" corporate paper and it was a smart move to do it now.


Bullboard Posts