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Bombardier CFO plans to refinance bonds soon

Bloomberg Bombardier Inc., the debt-laden manufacturer in the middle of a turnaround plan, expects to be able to refinance bonds next year even if high-yield markets remain skittish. The company’s next major debt maturity is $850 million due in March 2020, with more than $2 billion coming the year after that, according to company filings. As the 2021 maturities come ...

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Delta bans ‘support animals’ on flights

Bloomberg Delta Air Lines Inc. is barring emotional-support and service animals that are less than four months old, while banning all support animals from flights longer than eight hours. The changes will take effect for tickets issued on or after December 18, the carrier said. Passengers who bought tickets before then and who already requested to travel with an emotional ...

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Coca-Cola to sell historic Fifth Avenue Tower

Bloomberg Coca-Cola Co. has hired Cushman & Wakefield to sell a midtown Manhattan tower known as the Coca-Cola Building. The 18-story property, on the southeast corner of 5th Avenue and 55th Street, was inherited by Coca-Cola in 1983, through its purchase of Columbia Pictures. The beverage company “has determined that it does not need to retain its investment in the ...

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