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CAE Inc. is asking for approval to change rules for its $400 million in Senior Unsecured Notes.

PaperworkRead the original at newswire.ca
Neutral

CAE is asking noteholders to change accounting definitions for $400 million of notes due in 2028. The report gives no approval result or stated change to payments or business results, so the outlook is unchanged.

CAE · CAE Inc.

AI read · Neutral

The AI's read

The requested change concerns accounting definitions in the notes' indenture, not a reported change to CAE's sales or profits. Noteholders still need to consider it, and the report gives no approval result. With no stated effect on payments or company results, the outlook is unchanged.

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