Moody’s Upgrades Bombardier to Caa1
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
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...
