"Bombardier Inc" OR "Bombardier" Archives

Bombardier Reports Narrower Q1 Loss With Improved Margins

by Amruth Sundarkumar | May 6, 2022 | Corporates

Montreal-based planemaker Bombardier reported an Q1 adjusted loss of $69mn, narrowing from a loss of $173mn in Q1 2021. This was on the back of a 36% YoY jump in its adjusted EBITDA of $167mn that the company attributed to “Global 7500 margin expansion,...

Bombardier Hires Lawyers to Dismiss Bond Default Lawsuit

by Amruth Sundarkumar | Mar 30, 2022 | High Yield Bonds

Bombardier has hired lawyers Cravath, Swaine & Moore LLP to defend suits by hedge funds claiming that the company defaulted on its bonds. Hedge funds Antara Capital Master Fund LP, Corbin ERISA Opportunity Fund Ltd and Corbin Opportunity Fund LP sued Bombardier in...

Bombardier Gets Its Largest Order This Year, Worth $534mn

by Amruth Sundarkumar | Oct 1, 2021 | High Yield Bonds

Bombardier Inc announced on Thursday that it got $534mn worth of firm orders for 20 units of an upgraded variant of its Challenger 350 aircraft, its largest commercial jet deal this year. This underscores the recovery in demand for travel and airplanes this year after...

Moody’s Upgrades Bombardier to Caa1

by Amruth Sundarkumar | Aug 10, 2021 | Corporates, Credit Ratings

Montreal based Bombardier Inc. has received a one notch upgrade by Moody’s after it announced a new $750mn 5Y bond issuance. The jet manufacturer’s corporate family rating and senior unsecured bonds have been upgraded to Caa1 from Caa2 and its probability...

Bombardier Seeks Terms Amendment on Eight Bonds

by bondevalue | May 4, 2021 | High Yield Bonds

Canadian plane maker Bombardier has launched a consent solicitation with respect to eight of its outstanding senior bonds/debentures after it received a letter from a holder of its 2034s claiming that its “divestitures of non-core assets, including its...

Bombardier Reports Narrower Q1 Loss With Improved Margins

Bombardier Hires Lawyers to Dismiss Bond Default Lawsuit

Bombardier Gets Its Largest Order This Year, Worth $534mn

Moody’s Upgrades Bombardier to Caa1

Bombardier Seeks Terms Amendment on Eight Bonds

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Bombardier Reports Narrower Q1 Loss With Improved Margins

Bombardier Hires Lawyers to Dismiss Bond Default Lawsuit

Bombardier Gets Its Largest Order This Year, Worth $534mn

Moody’s Upgrades Bombardier to Caa1

Bombardier Seeks Terms Amendment on Eight Bonds

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Archives

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