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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 clubhouse19on Feb 17, 2021 8:30am
197 Views
Post# 32582672

RE:RE:RE:Good news

RE:RE:RE:Good news[
This repayment clears them to sell whatever that secured
facility was restricting   Part of the cost reduction I suppose
quote=Mauserintime945]Voil
Bombardier Details Full Repayment of Senior Secured Credit Facility

07:28 AM EST, 02/17/2021 (MT Newswires) -- Embattled plane and train maker Bombardier (BBD-A.TO, BBD-B.TO) said Wednesday that it has initiated the repayment of the total outstanding balance of $750 million drawn on its $1 billion senior secured term loan facility established on August 19, 2020. Payout of the Facility, including all accrued interest and associated fees, will be completed on February 19, 2021.

[/quote]

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