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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

Post by BBDB859on Jan 11, 2023 5:01pm
440 Views
Post# 35216865

Clarity

ClarityJust wanted to tell everyone here, that what I said about getting an extra $400M, on top of that Collateral $400M was wrong. Despite, how I interpreted the wording on their oficial website. We're only getting the $400M from the posted Collateral. Turns out the Bomber did get $400M less from the BT closing at the time. But that $400M short was used for the collateral money. Bombardier's communication skills to describe, why we ended up with $3.6B instead $4B on the BT closing leaves a lot to be disired. Remember those times of the closing of BT in Jan. 29, 2021, they had their hands full with the closing to be able to communicate to their shareholders, that they actually had to use the $400M from the proceeds of the sale to the posting of $400M as collateral to appease Alstoms concerns. I guess it was too hard for them to communicate the truth, to their Shareholders. Tipical of everything they did during those times. I'm glad the're more transparent now. Cheers
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