Fitch Ratings Downgrades Bombardier
Fitch Ratings has downgraded Bombardier’s issuer Default Rating from a “B+” to a “B.” It also downgraded Bombardier’s long-term debt and bank facility ratings from “B+/RR4” to “B/RR4.” . The Rating Outlook is Negative. The ratings downgrade reflects the company’s negative cash flow, which Fitch...
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