Bombardier Increases Debt Offer to $750 Million

By
Alain Duval
1 min read

Canadian private-jet maker Bombardier Inc. sold a $750 million junk bond to refinance debt due in 2026. The company initially sought to borrow $500 million but raised the size of the offering. The seven-year bond deal comes with a 7.287% coupon, slightly better than expected terms. The Montreal-based firm discussed a higher coupon of 7.5%.

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