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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

Comment by Bottomson Dec 16, 2020 4:55pm
262 Views
Post# 32121838

RE:RE:could The Bomber still back out of the deal

RE:RE:could The Bomber still back out of the dealI'm thinking the bomber needs to keep enough of the BT sale proceeds to pay off all debt outstanding in 2021/2022 but they will have some excess cash on hand since they won't be paying back future debt owings right away. They should take that money and use it to buy back the Caisse portion of BT as the deal is closed (may have to be financed on an overnight deal contingent on BT sale closure). That way, the Bomber ends up having paid the Caisse 15% annual interest but ends being the largest shareholders in Alstom. Alstom is clearly well positioned to make this a profitable investment which can be sold if and as needed OR can be used to negotiate refinancing the debt from a much stronger position. All thoughts are welcome. GLTA
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