RE:RE:New Press Release - Bombardier Announces Closing of its New Issuance of Senior Notes due 2030They still had a 'runway' to manage the debt since no debt that was too big for the planned FCF was coming up in the next 2 years. This makes me think that one of the following two things might be in play:
1. Unplanned investment coming up and they want to put whatever FCF they have in there. (Bombardier Defense, new aircraft or something else, your guess is as good as mine)
2. FCF isn't going to be as good as they thought and needed to take care of the debt with other means.
Option number one makes a lot more sense but we never know. (just my humble opinion)
What do you guys think?
Shamhorish wrote: bbd is clearnig the Long term debt road up to 2030
can any expert explain is the advatage of getting money at 8.75% to pay debt at 7.5%