Just reading about Bombardier Corporation. They have signed a contract with a South African company to produce up to 1064 railway locomotives.
The SA company secured a $1.1B financing package to buy these locomotives as part of a plan"to help speed delivery of commodities for export"in SA
As part of this deal the Canadian Export Development Corp is providing $450M of this financing. Pretty sweet deal for Bombardier and South Africa!!
The SA company secured a $1.1B financing package to buy these locomotives as part of a plan"to help speed delivery of commodities for export"in SA
As part of this deal the Canadian Export Development Corp is providing $450M of this financing. Pretty sweet deal for Bombardier and South Africa!!
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