RE:RE:RE:RE:RE:Bombardier in talks to amend bondholders' agreement after yes, no doubt management are doing good things but this problem with the breach and bbd denying the breach, then trying to amend and seek consent......and willing to pay..!!!
as one says this could go sour if senior bond holders do not accept bbd offer
"Things could also sour for the company. The company’s bond indentures could contain cross-default provisions or identical language as it relates to asset divestitures. If so and the unnamed bondholder’s allegations are proven true, the company would face an across-the-board default event and bondholders could demand full repayment, Mr. Fong said
imo, that is scary scenario