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Bombardier Inc. T.BBD.A

Alternate Symbol(s):  BDRPF | T.BBD.PR.B | BDRXF | T.BBD.PR.C | T.BBD.PR.D | BOMBF | BDRAF | T.BBD.B | BDRBF

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.


TSX:BBD.A - Post by User

Comment by clubhouse19on Jul 05, 2022 8:27am
153 Views
Post# 34801213

RE:RE:RE:RE:RE:Desjardins Update

RE:RE:RE:RE:RE:Desjardins UpdateRicher explained that Benoit of Desjardins mentioned the 500 million as it equates to 360 mil euros at the time. 
Since the transaction was in US dollars and since the deline of the Euro..You would have to think that to get to 440 mil us mire euros would have to be forked over. Last count 1 us $ was about 1.05 euros nearing parity
will Have yo see I quess 


Bottoms wrote: Thanks 859. I re-read and it's still not clear to me who's speaking but you are likely right as the next sentence says that Bart "also said". The part that is most confusing to me is the mention of a $400M cash inflow that is explained to refer to an amount of 350M Euros in escrow. I would expect Bart to have said 350M Euros there and not throw the $400M figure in the loop, especially given the continuing dispute of that amount. Maybe I expect too much clarity here but he's the CFO of a public company and his statement is off by nearly 20% or $100M.. All good news is any case. That's approximately half the 2023 debt taken care of if I'm not mistaken.


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