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Stock Market & Financial Investment News

News Breaks
March 31, 2014
11:05 EDTBDRBFBombardier announces firm order from China Express for three CRJ900s
Bombardier Aerospace announced that China Express Airlines has converted previously announced conditional purchase agreements for three CRJ900 NextGen regional jets into a firm order. The conditional purchase agreements for five CRJ900 NextGen aircraft, with options on an additional eight CRJ900 NextGen aircraft, were announced on December 2, 2013, along with a firm order for three CRJ900 NextGen airliners. Based on list price, the firm order for the three CRJ900 NextGen aircraft is valued at approximately $136M.
News For BDRBF From The Last 14 Days
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February 19, 2015
15:46 EDTBDRBFBombardier to issue C$750M of receipts exchangeable for Class B shares
Bombardier announced that it has entered into an agreement with a syndicate of underwriters, led by National Bank Financial, UBS, CIBC and Citigroup under which they have agreed to purchase on a bought deal basis from Bombardier and sell to the public in Canada 339,367,000 subscription receipts exchangeable for Class B shares of Bombardier. The purchase price of C$2.21 per Subscription Receipt will result in gross proceeds of approximately C$750M, or approximately C$863M if the underwriters' overallotment option is exercised in full.
15:30 EDTBDRBFBombardier trading halted, pending news

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