RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Bombardier quitte son siège social de MTL pour DorvalSorry, Shamhorish, I worded that poorly. I was not talking about the interest rates on the current debt being lowered, I meant refinancing at lower rates. For example, the $1.25B that is due in Jan 2023 is currently at 6.125%. BBD will not be able to get a lower rate on refinancing unless they have changed their risk profile substantially.
Jim
Shamhorish wrote: Jimyou said "Lenders will not lower interest rates unless they see less risk."
i am not saying lenders will lower rates
it has to go in the following order
bbd, then BA must show control over finance and quarter after quarter produce profit.....(late bbd problems came from BT, once bt is gone, most likely BA will be produce good profit)
once the above is acheived, credit rating will be revised up and up
after paying 2021(1.48b) debt , lenders will offer new loans to BA, i said lenders will offer NEW LOANS to BA to pay old high interest debt
so,first VVD, BA must produce profit Q after Q
second credit rating revision up
thired new loans with lower rates
not easy but duable, and who knows what bbd managemnet have in store !!!!!!