BC Ferries Raises $250 Million In Bond Financing

BC Ferries Raises $250 Million In Bond Financing

Canada NewsWire

VICTORIA, Oct. 15, 2019 /CNW/ – BC Ferries announced the closing of a $250 million senior secured bond issue today.

BC Ferries (CNW Group/British Columbia Ferry Services Inc.)

The privately placed bonds, which are rated A (high) by DBRS and AA- by Standard & Poor’s, were sold to institutional investors across Canada. The bonds bear interest at 2.794 per cent per annum and are due October 15, 2049.

The bond syndicate included RBC Dominion Securities Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc., TD Securities Inc., and Scotia Capital Inc.

SOURCE British Columbia Ferry Services Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/October2019/15/c3140.html

Media Advisory – Driving the Future: A look into the future of work for transportation technicians

Media Advisory – Driving the Future: A look into the future of work for transportation technicians

Canada NewsWire

TORONTO, Oct. 15, 2019 /CNW/ – With advancements in technology accelerating rapidly, the transportation sector is expected to experience more change in the next decade than we’ve seen in the last 100 years. Long-range electric models, fully autonomous vehicles and flying taxis are just some of the innovations set to transform the way we move people and goods.

How will the next generation of transportation professionals be prepared to service the vehicles of the future? How will the classroom reorient to meet the changing demands of an increasingly technology-driven and globalized market? Academic institutions must develop holistic training programs to prepare students to adapt to a rapidly evolving industry.

Centennial College’s School of Transportation – Canada’s largest transportation technology training and education centre – is hosting “Driving the Future” on October 22, a special conference that will examine these questions. In attendance will be representatives from the automotive, public transit, trucking/logistics and allied industries, along with educators.

The keynote address will be delivered by Jeremy Wang, co-founder of Rivet, a start-up that is developing an autonomous vehicle that will revolutionize aircraft ground handling. Other speakers include Barrie Kirk, co-founder and Executive Director, Canadian Automated Vehicles Centre of Excellence (CAVCOE); Rob Morrison, Director of Aftersales, Phaff Automotive Partners; and Al Pritchard, Head of Bus Maintenance and Shops Service Delivery Group, Toronto Transit Commission (TTC).

Members of the media are cordially invited to attend the half-day conference and to speak with the participants.

Interview Opportunity


Tuesday, October 22


7:30 am to 12 noon


Ashtonbee Campus Hangar F-110, Centennial College,

75 Ashtonbee Road, Scarborough, ON


SOURCE Centennial College

View original content: http://www.newswire.ca/en/releases/archive/October2019/15/c0833.html

Del Hebert joins Airworthy’s Cabin Solutions Division as General Manager

Del Hebert joins Airworthy’s Cabin Solutions Division as General Manager

Canada NewsWire

HUDSON, Wis., Oct. 15, 2019 /CNW/ – Airworthy Inc., Global Provider of World-Class interior solutions, is pleased to announce and welcome Del Hebert as General Manager for the Cabin Solutions Division located in Anaheim, CA.

Airworthy Inc. New Logo (PRNewsfoto/Airworthy, Inc.)

Del Hebert joins Airworthy from Ducommun, a provider of manufacturing and engineering services for the aerospace, defense and industrial markets where he served as Vice President and General Manager of the bonded component solutions strategic business unit. Prior to joining Ducommun, Del served as General Manager for EnCore Aerospace, he also held management positions at Talsco JVR, Zodiac-Driessen Interior Systems, Composite Technology Corporation and United Testing Systems.

“Airworthy is uniquely positioned to provide interior solutions to the aviation industry and has a proven record of anticipating and exceeding customers’ needs. I am excited to join Airworthy and to contribute to the company’s continued success,” said Hebert.

“We are thrilled to have Del join our team. His vast experience in the aviation industry will significantly increase our knowledge and experience base. Del will be instrumental in leading our company through its expected growth phase, and will play a major role in delivering our strategic plan,” said Jim Rouleau, CEO, Airworthy Inc.

About Airworthy Inc.

Founded in 2000, Airworthy provides world-class interior solutions, including flooring solutions, aircraft monuments, interior repair and overhaul, and galley cart repair and maintenance. Airworthy, a licensed FAA repair station is recognized in the aviation industry for its outstanding quality, quick turnaround and commitment to support their customers’ success.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/del-hebert-joins-airworthys-cabin-solutions-division-as-general-manager-300938066.html

SOURCE Airworthy Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/October2019/15/c3353.html