Bombardier Reports Better than Expected Cash Usage in the Second Quarter and a New $1 Billion Senior Secured Credit Facility

MONTREAL, July 22 (Korea Bizwire) — Bombardier (TSX: BBD.B) reported that its second quarter cash usage was approximately $500 million better than previously expected and that it has secured a commitment from investment funds and accounts managed by HPS Investment Partners, LLC to provide a three-year senior secured term loan (the “Facility”) of up to [...]