Bombardier Capital Ltd. announced today the successful closing of a $350 million Cdn five-year securitization facility backed by inventory finance receivables. Citicorp North America Inc. acted as structuring agent. This facility replaces two maturing facilities which amounted to $340 million Cdn.
A world-leading manufacturer of innovative transportation solutions, from regional aircraft and business jets to rail transportation equipment, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2004 were $15.5 billion US and its shares are traded on the Toronto, Brussels and Frankfurt stock exchanges (BBD, BOM and BBDd.F). News and information are available at www.bombardier.com.
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