Bombardier to sell-off $750 million of shares at discount

Bombardier to sell-off $750 million of shares at discount

Bombardier to sell-off $750 million of shares at discount Bombardier is selling $750 million of its stock at a 10 per cent discount in a bid to strengthen its balance sheet. It will mean 339.4 million subscription receipts being sold for $2.21 which will be converted into shares if the firm’s shareholders agree to the move.