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Bombardier announces the closing of a Regional Aircraft Financing

Analysis

MONTREAL (Bombardier) - Bombardier announced today the closing of a permanent financing structure for a value of approximately $1.7 billion US.

This structure, known as Regional Aircraft Securitization Program (RASPRO), provides financing in the form of long-term leases for certain Bombardier Aerospace regional aircraft customers. It covers 70 aircraft comprising 65 CRJ and five Q400 aircraft.

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