RE:Another 373,131M$ of debt paidimo, it will take time ,,,but bbd will survive the market attack
"Bombardier expects such Early Settlement Date to be June 29, 2022.
As a result of the oversubscription of the Tender Offer, no additional Notes tendered will be accepted under the terms of the Tender Offer. Bombardier expects to return any 7.50% Senior Notes due 2025 tendered but not accepted for purchase promptly after the Early Tender Date.
“As of the Early Settlement Date, Bombardier will have repaid over $750 million of debt, resulting in almost $60 million of incremental interest savings on a per annum basis since the start of 2022.
This puts our progress to date ahead of where we thought we would be after 18 months as a standalone business jet company,” said Bart Demosky, Executive Vice President and Chief Financial Officer at Bombardier, in a statement.