CAE Inc. (CAE) Seeks Noteholder Approval for Potential U.S. GAAP Transition
CAE Inc. is seeking approval from noteholders to amend accounting definitions in the indenture for $400M of 5.541% notes due 2028. The company is evaluating a potential transition from IFRS to U.S. GAAP for Q4 and fiscal 2027, which would be applied retrospectively. Noteholder approval and CAE's final decision are pending.



