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Although Ottawa has lauded the C Series plane and called Bombardier an anchor company for Canada’s aerospace industry, it has expressed reservations about its executive structure. (Ryan Remiorz/THE CANADIAN PRESS)
Although Ottawa has lauded the C Series plane and called Bombardier an anchor company for Canada’s aerospace industry, it has expressed reservations about its executive structure. (Ryan Remiorz/THE CANADIAN PRESS)

Bombardier raises $1.4-billion in support of turnaround plan Add to ...

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Bombardier Inc. raised $1.4-billion (U.S.) in its first return to the bond market in 21 months, refinancing some debt and buying more time for its turnaround plan.

The Montreal-based plane and train maker is tapping the bond market for the first time since February, 2015, in an offering led by Bank of America Merrill Lynch.

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