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Stock Market & Financial Investment News

News Breaks
July 15, 2014
07:38 EDTBDRBFBombardier announces Falcon Aviation signs letter of intent for 5 Q400 airliners
Bombardier Aerospace announced that Falcon Aviation Services of Abu Dhabi signed a Letter of Intent for five additional Q400 NextGen airliners. The LOI is in addition to the order for two Q400 NextGen aircraft announced in February and an order for one firm aircraft placed in April. The two companies signed a memorandum of understanding whereby they agree to collaborate in addressing the need in Africa and the Middle East for multiple, high quality aircraft solutions which meet international standards. Based on Q400 NextGen aircraft list price, should the LOI for the five Q400 NextGen aircraft be converted to a firm order, the firm order contract would be valued at approximately $160M.
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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