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Stock Market & Financial Investment News

News Breaks
July 14, 2014
06:42 EDTBDRBFBombardier announces LOI for 20 CSeries aircraft by Zhejiang Loong Airlines
Bombardier Aerospace announced that Zhejiang Loong Airlines has signed a Letter of Intent to acquire 20 CS100 airliners. The operator, based in Hangzhou, the capital city of Zhejiang province, China began domestic service in 2013. Based on the list price for the CS100 aircraft, a firm order for 20 CS100 aircraft would be valued at approximately $1.28B.
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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