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.

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Bombardier Inc. > Expectations BA - Globals 7500

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Comment by Jim99999on Dec 30, 2020 11:44am

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Post# 32197466

RE:RE:RE:RE:RE:Expectations BA - Globals 7500

Why would a lender offer BBD such low rates? BBD needs more money. The lenders know this. Why would they take less than they could get?

The only reason a lender would offer lower rates is if they perceive less risk. Therefore, BBD must offer some form of collateral. They are already using inventories and receivables as collateral for the $1B credit facility. What can they offer to a potential lender?

Jim

Shamhorish wrote: we hope Eric Martel will get new loans with a much lower interest rate in the rang of (3.25-3.95)

i.e. bring interest payment to be reduced by approx. 50%

so, paying about 200-250 millions of inerest /year can be managed by BA