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Bond market sceptical about Bombardier
Despite cost cuts, borrowing costs rise amid delay in new jet
Published Sun, Jul 27, 2014 · 10:00 PM
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Toronto
BOMBARDIER Inc's efforts to rein in costs to develop its CSeries jetliner are meeting with scepticism in the bond market, which has helped fund the most expensive project in the company's 72-year history.
Default protection on Bombardier bonds climbed as much as 19 basis points last wee…
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