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Article: Company Watch - Bombardier.
- Article from:
- AirGuide Business
- Article date:
- October 19, 2009
CopyrightCOPYRIGHT 2009 Pyramid Media Group, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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New York (AirGuideBusiness - Company Watch) Oct 18, 2009
Moody's has upgraded Bombardier's ratings after the manufacturer obtained a USD500 million two-year unsecured committed revolver credit facility. The ratings agency upgraded Bombardier's speculative grade liquidity rating to SGL-2 from SGL-3 and affirmed its Ba2 corporate family, Ba2 probability of default and Ba2 senior unsecured ratings, as Bombardier's transport segment "should continue to perform relatively well [in] the downturn". Oct 17, 2009
The US House of Representatives passed a bill meant to force the FAA and airlines to rapidly boost regional airline safety through enhanced training ...