Bombardier reports closing of $1.35 billion US syndicated facilities
Bombardier has closed both a Letter of Credit and Revolver Facility agreement totalling $1.35 billion US with a syndicate of first quality financial institutions, mainly North American-based. The $600 million US letter of credit and the $750 million US unsecured revolving credit facilities which mature in June 2014 are dedicated to supporting Bombardier Aerospace’s operations as well as the general needs