NFI Group Inc T.NFI

Alternate Symbol(s): NFYEF | T.NFI.DB

Industrials

NFI Group Inc. is a Canada-based independent bus and coach manufacturer. The Company specializes in zero-emission electric mass mobility solutions. Its segments include Manufacturing Operations and Aftermarket Operations. Manufacturing Operations segment includes design, manufacture, service and support of new transit buses, motor coaches, medium-duty, cutaway buses, and installation of infrastructure for electric vehicles and fiberglass reinforced polymer components. It offers aftermarket parts for transit buses, coaches and medium duty/cutaway buses, both for the Company's and third-party products. It offers a range of sustainable drive systems, including zero-emission electric (trolley, battery, and fuel cell), natural gas, electric hybrid, and clean diesel. The Company's brands include New Flyer (heavy-duty transit buses), MCI (motor coaches), Alexander Dennis Limited (single- and double-deck buses), Plaxton (motor coaches), and ARBOC (low-floor cutaway and medium-duty buses).

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NFI Group Inc

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Post by KozmoTon Nov 15, 2021 4:57pm

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Post# 34129188

Don't know about the debentures but do know THIS is

good news ...

"Historic Bus Program Funding

The Bus and Bus Facility Program increases by 172%, from $808 million in 2021, to $3.2 billion in fiscal 2026.
The Low or No Emission Vehicle Grant Program, under which NFI was named partner by nine agencies in 2021, the Company’s highest showing ever and the most of any North American manufacturer, increases by 1,270% to $5.63 billion by fiscal 2026 (authorized and supplemental appropriations combined).
Zero-emission and traditional bus procurements can also occur through the $3.2 billion Buses and Bus Facilities Formula program and $7.6 billion Buses and Bus Facilities Discretionary program."

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Rig Count Soars as Utilization Surpasses Industry Averages