Bombardier Sells Junk Debt as S&P, Moody's Boost Outlooks.

(Bloomberg) -- Bombardier Inc. was back in the high-yieldmarket Monday, refinancing bonds due over the next twoyears just as S&P Global Ratings and Moody's InvestorsService boosted their outlooks for the troubled Canadianplanemaker. The "new debt issuance, combined with debt reduction fromexcess cash, mitigates near-term refinancing risks", S&Panalysts led by Madhav Hari said in a statement. [Extracted from the article]
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