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Bombardier Inc. (BBD-B.TO)

Toronto - Toronto Real-time price. Currency in CAD
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1.4300-0.0100 (-0.69%)
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  • Bombardier's (TSE:BBD.B) Stock Price Has Reduced 81% In The Past Three Years
    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...

  • Bombardier in talks to amend bondholders' agreement after breach claim on asset sales
    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.