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

Industrials Aerospace & Defense

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

Bombardier Inc. > could The Bomber still back out of the deal

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Comment by Bottomson Dec 16, 2020 6:13pm

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

They will have the money for 2021 and 2022 debt dues. The issue comes up in 2023 which is when refinancing will be needed to survive. They won't pay 2023 dues in 2021, the penalty makes it not worth it. Better off having that money work for the bomber by owning a huge chunk of Alstom. Alstom shares will provide the upside the Bomber lacks to renegotiate its debt from a stronger standpoint. These shares can be sold fairly quickly if cash on hand is required for debt repayment. They are quite liquid.

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