Bombardier Noteholders Sue Company over Divestitures
Several Bombardier noteholders have filed a complaint before the New York Supreme Court over Bombardier's sale of its businesses outside business aviation.

Certain Bombardier noteholders have filed a complaint before the New York Supreme Court reiterating claims that the Canadian manufacturer violated lending covenants by divesting its transportation business, regional jet program, and aerostructures division, Bombardier reported Tuesday. The complaint came from some holders of 7.450 percent senior notes due in 2034 and alleged that Bombardier's actions surrounding the divestitures and subsequent consent agreements breached their rights.


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