Bombardier Inc. (BDRXF.PK), Wednesday announced that it is on track to reach its previously stated net leverage ratio target of 2.0-2.5x.
This comes as the company will reduce its long-term debt by $5.5 billion following the previously announced $500 million debt redemption notice, resulting in an annualized interest cost savings of more than $409 million.
The announcement reflects the company's commitment towards responsibly deploying capital and proactively managing its debt maturity runway.
Bombardier's stock closed at $18.17 on the OTC Markets.
For comments and feedback contact: editorial@rttnews.com
Business News
December 12, 2025 15:14 ET Central bank decisions dominated the economic news flow this week led by the Federal Reserve. Trade data from the U.S. also gained attention. The Canadian and Swiss central banks also announced their interest rate decisions. Inflation data from China was in focus as the country released the latest consumer price and producer price data.