RE:RE:RE:RE:Bombardier in talks to amend bondholders' agreement after Take your medication.
What BBD is doing is in no way an admission of default or breach of contract. All they are doing is clarifying the terms of the agreement so as to prevent any other such frivolous lawsuits. It is reasonable to offer a token amount to bondholders in exchange for their cooperation.
Jim
Shamhorish wrote: my quetion is
( while bbd deny allegation that bbd breached........)
but
if bbd seek to amend....and seek consent
then bbd knows that they (bbd) are at fault!!!
then if bbd know it is breached the ...and admite it by seeking to amend and seeking consent....and offering to pay senior notes holders x amount of $
'
why would the senior note holders settel for small amount of money if they may be able to get much more in court!!!!
how much more, we do not know
could that be the reason bbd announce preliminary Q1 results before this knews surface!!!!