RE:RE:RE:RE:RE:RE:RE:Expectations BA - Globals 7500 Covid has changed many things , and leases are being re-negotiated/ cancelled , deals are being re-negotiated / cancelled , projects are being re-designed / upgraded or cancelled ... there is nothing stopping the bomber from making better deals with lower interest rates .. the 1Billion obtained with inventory as collateral will be off the books ... all in all the bomber will be in much better financial health and renegotiating interest will be done ... don't forget that the govts and CDPQ have made/will make a mountain of cash with the bomber's fire sale , that might just help to get some other deals done ... Martel is working to get the bomber back in shape and we will only see the results when they are executed ... GLTA
Shamhorish wrote: bbd pay high interest rate on loans obtained many many years ago when average interest rate and bank of canada rates wre 3-4 times of what it is today
and at the tmies, there was demands by many others to obtain loans
and bbd was in development cycle of C series (was still in design or.... stage), so banks took advantage and later on cdpq took more advantage by sharging 7.75-15% which is higher than loan sharks charg drugs dealers !!!!!!!! (how cdpq scr*w bbd)
today no one is borrowing, and many are closing down and bank of canada inetrest rates are close to nothing, so insitutions are eager to lend money out
BA management will show positive free cash flow, (less risky) then get lower rates,
last loan of 1 billion they got it at 3.69 or 3.96%, so same lender may be the one to offer BA new loans at 3-3.9% , then bbd get rid of high interest loans and ..get rid of manupolation and manupularors.....