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

Industrials Aerospace & Defense

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

Bombardier Inc. > Moody's acknowledgement of improving fundamentals

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Post by flamingogoldon Jan 20, 2023 10:30am

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Post# 35235416

Moody's acknowledgement of improving fundamentals

Not sure if posted, here is Moody's official statement and rating on BBD's lates 2029 notes

"Bombardier continues to demonstrate improvement in its operations, with the company having generated positive free cash flow in each quarter since June 2021. Revenue visibility has improved and book to bill was 1.4x in 2022. Additionally, Bombardier continues to repay debt, repaying $1.1 billion in 2022."

https://www.moodys.com/research/Moodys-assigns-B3-rating-to-Bombardiers-new-senior-unsecured-notes--PR_472300

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