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NFI Group Inc T.NFI

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

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).


TSX:NFI - Post by User

Comment by KozmoTon Nov 15, 2021 5:05pm
227 Views
Post# 34129226

RE:NFI Issues 5% Debentures.

RE:NFI Issues 5% Debentures. Maybe you never read the fine print?... "The Company intends to use the net proceeds of the Offering to reduce the outstanding balance under its senior credit facilities. Reduced borrowings under its senior credit facilities, together with certain amendments to those facilities as described below, will provide NFI with greater flexibility to navigate the ongoing global supply chain disruptions, while permitting the Company to continue to pursue its operational and strategic goals, such as investments in NFI’s zero-emission products and electric propulsion technology and other potential growth or business enhancement opportunities."
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