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Market Rumors: Bombardier, Ant Financial, Cafe Coffee Day

By Chelsea Naso (February 27, 2015, 6:31 PM EST) -- Montreal-based plane and train maker Bombardier Inc. launched a two-tranche, high-yield debt offering to draw $1.5 billion as part of a previously announced plan to raise $2.1 billion from debt and equity issues to help shore up its balance sheet, The Wall Street Journal reported Friday. The offering is said to consist of a 3.5 year and 10 year debt with a coupon of 5.75 percent and 7.75 percent, the report said. On Friday, Bombardier also closed an equity offering that raised $868 million, well above the original $600 million target....

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