Bombardier Inc. (BBD-B.TO)
- Oilprice.com
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Here are 3 futuristic but promising travel dreams that have yet to be realized, including one that might actually become a reality during our lifetimes
- Simply Wall St.
Bombardier's (TSE:BBD.B) Stock Price Has Reduced 81% In The Past Three Years
It is doubtless a positive to see that the Bombardier Inc. ( TSE:BBD.B ) share price has gained some 53% in the last...
- Reuters
Bombardier in talks to amend bondholders' agreement after breach claim on asset sales
Bombardier has emerged as a pure play business jet maker after divesting assets including the sale of its transportation business to Alstom, which it completed in January, to pay down debt and boost earnings. The company said it launched consent solicitations with respect to outstanding senior notes or debentures, following the claims by the unnamed bondholder that the asset sales constitute a breach of certain covenants under the indenture governing the 2034 notes. Bombardier said in a statement these claims are without merit and it has not breached any covenant, adding that after evaluating various options it had determined requesting bondholders to amend the terms of the bonds was the most "expedient and efficient path" to maintain value and protect itself and its stakeholders.
