Bombardier Inc. T.BBD.A

interest rate of potential new Senior Notes for 2030?

[MyNameIsNobody]

What kind of interest rate are we potentialy looking at?

To be used to push back 380M$ of 2025 notes at 7.5% to 2030 as well as buy back 110M$ of 2026 notes at 7.125%... if I'm not mistaken.

I'm wondering if I missed something in these news releases.

[clubhouse19]

I think they are testing the waters for now to see if they can lock in at a better rate considering they are still some times away   Good strategy imo if that is the case..

[BBDB859]

Hey Nobody.. They annouced 2 Buyback redemptions for a total of $610M. So they want to have the ability to be able to redeem some of it, if they fall short on cash. Plus the timing of it is interesting. To me it just shows confidence in their FCF for fiscal 2023. It's possible that they're trying to see what rates the JB (Junk Bond) guys will give them too. I think that they'll do the

[Form001]

Had 1B of cash September 30, plus another 400M in Q4, don't see any problem to pay 610M of debts.

[clubhouse19]

859 Thinking  along the same lines as I am as I previously posted. They are certainly in a better position to access better rates while presuming that from now to 2030 the rates would be subsiding somewhat.   The market may just be open to it.   

[BBDB859]

Like I was just telling Temp. They probably have someone in tow, that wants to lend to them for cheaper rates. I'm sure now that the company is out of the woods, with the LTD? They're lining up to lend to them. The default risk is small. Remember there is tons of cash out there to place, for some people.

[clubhouse19]

Well it looks like it's not cheaper ...but relatively speaking averaged out over the term , and under the circumstances, itmay be considered rather cheap. Have they got something planned on the investment side?   

[BBDB859]

I think what they're doing Club is, breaking down the $1.9B 2027 year Bond and the $1.2B 2026 to easily manageable amounts of $750M Bonds. They've discussed this type or size Bond before with us, as manageable. The 2028 one, is for $743M & the 2029 one is for $750M, so this new one today for $750M, is for the year 2030 at 8.8%. The other smaller one they are about to do, for $610M is

[Mauserintime945]

 information about Bombardier's intention to circulate in the offices of credit rating firms. They simply have to reassess the new value of the company and give a fair price to Bonbardier's shares.

[Form001]

Tout le monde sait que dans 2 mois, il va y avoir 1.4 milliard de liquidits en banque et 2.4 fin dans 1 an. Que tu paye tes dettes ou pas, l argent est la, sauf que tu dois payer les interets. Avec plus de dettes a payer, c a devient du profit pour les actionnaires, donc l action monte entre 200.00 et 300.00.