Bombardier announced today that it has successfully extended the availability of Bombardier Transportation’s (“BT”) and Bombardier Aerospace’s (“BA”) letter of credit facilities by an additional year to May 2017 and June 2017 respectively. The maturity dates of the BT and BA revolving credit facilities were also extended by one year to March 2016 and June 2017 respectively.
“We are delighted with this continued demonstration of our syndicate banks’ support of our business plan and strategic orientation”, said Pierre Alary, Senior Vice President and Chief Financial Officer, Bombardier Inc.
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