Statement from Bart Demosky, Executive Vice President and Chief Financial Officer, Bombardier, on Moody’s Ratings Upgrade to Ba2 from Ba3, While Maintaining a Positive Outlook
MONTREAL, Aug. 17, 2026 (GLOBE NEWSWIRE) -- Moody's upgrade of Bombardier's credit rating from Ba3 to Ba2, while maintaining a positive outlook, is a clear recognition of the progress we have made in strengthening our business and financial profile. As our second credit rating upgrade from Moody's in the past 12 months, it reflects the consistent operational performance we have delivered and our sustained focus on deleveraging over recent years, as well as our strong track record of earnings growth, free cash flow generation and continued revenue diversification through our Services and Defense businesses.
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- Moody's Corporation is down 0.4% since this was published, 64 days ago.
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- Jefferies: $484 → $560 by Oct 2027 · Buy via Investing.com
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