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Bombardier gets final installment of Quebec investment
Sep 2 2016, 07:44 ET | About: Bombardier Inc.A (BDRAF) | By: Yoel Minkoff, SA News Editor
The second and last $500M of Quebec's $1B investment in its C Series program has been received.
In connection with the disbursement, Bombardier (OTCQX
DRAF,OTCQX
DRBF) has issued additional warrants exercisable for a total number of 50M Class B shares.
The warrants are exercisable for a period of five years at an exercise price per share equal to $1.72.
Sep 2 2016, 07:44 ET | About: Bombardier Inc.A (BDRAF) | By: Yoel Minkoff, SA News Editor
The second and last $500M of Quebec's $1B investment in its C Series program has been received.
In connection with the disbursement, Bombardier (OTCQX
DRAF,OTCQX
DRBF) has issued additional warrants exercisable for a total number of 50M Class B shares.The warrants are exercisable for a period of five years at an exercise price per share equal to $1.72.