05 Jun 2023

Toronto Transit Commission awards NFI contract for up to 621 New Flyer battery-electric heavy-duty transit buses

WINNIPEG, Manitoba, June 05, 2023 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, today announced that the Toronto Transit Commission (“TTC”) has awarded its subsidiary New Flyer Industries Canada ULC (“New Flyer”) a new five-year contract for 40-foot battery-electric buses. The total contract includes a firm orde...
31 May 2023

NFI Announces Increase of Previously Announced Bought Deal Public Offering of Subscription Receipts to C$108 Million

NFI also provides Supplemental Information relating to its Special Meeting of Shareholders NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES WINNIPEG, Manitoba, May 31, 2023 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI” or the “Company”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, today announced that, due to s...
31 May 2023

NFI releases its Environmental, Social and Governance Report for 2022

WINNIPEG, Manitoba, May 31, 2023 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) The board of directors (the “Board”) of NFI Group Inc. (the “Company”), a leader in zero-emission electric mobility solutions, today released its Environmental, Social and Governance (“ESG”) Report for 2022 (“ESG Report” or “Report”), which can be found at https://www.nfigroup.com/esg/ “At NFI, we know that strong ESG practices, policies and initiative...
30 May 2023

NFI Announces C$88 Million Bought Deal Public Offering of Subscription Receipts and Provides Update to Comprehensive Refinancing Plan

NFI also provides Supplemental Information relating to its Special Meeting of Shareholders NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES WINNIPEG, Manitoba, May 30, 2023 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI” or the “Company”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, today announced an update to i...
25 May 2023

Phoenix Public Transit Department awards NFI contracts for up to 346 New Flyer low- and zero-emission vehicles

The order marks PTD’s first purchase of zero-emission buses from NFI and was added to backlog in the first quarter of 2023ST. CLOUD, Minn., May 25, 2023 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) New Flyer of America Inc. (“New Flyer”), a subsidiary of NFI Group Inc. (“NFI”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, today announced that its subsidiary New Flyer Industries (“...
16 May 2023

Scottish Zero Emission Bus Challenge Fund phase two launched at Alexander Dennis headquarters in Larbert

Larbert, United Kingdom – 16th May 2023: (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) Alexander Dennis, a subsidiary of NFI Group Inc., one of the world’s leading independent global bus manufacturers, today announced that it hosted the launch of the Scottish Zero Emission Bus Challenge Fund phase two (ScotZEB 2). The Scottish Government launched the second phase of the Scottish Zero Emission Bus Challenge Fund at the Alexander Dennis global headquarter...
11 May 2023

Ambitious and complex CAVForth autonomous bus service trial launches in Scotland with Enviro200AV fleet from NFI subsidiary Alexander Dennis

Larbert, UNITED KINGDOM – May 11, 2023: (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI” or the “Company”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, subsidiary Alexander Dennis Limited (“Alexander Dennis”) today announced that Scottish Transport Minister Kevin Stewart officially launched the CAVForth autonomous bus service across the iconic Forth Road Bridge near Edinburgh....
11 May 2023

NFI Announces $150 Million Private Placement of Common Shares with Coliseum Capital Management

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES All amounts shown in this press release are in U.S. dollars unless otherwise indicated. WINNIPEG, Manitoba, May 11, 2023 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI” or the “Company”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, today announced that, as part o...
10 May 2023

NFI Announces Comprehensive Refinancing Plan that includes Credit Approved, Amended Three-Year Senior Credit Facilities, a $150 million Equity Issuance, and a $200 to $250 million Second Lien Debt Fin

All amounts shown in this press release are in U.S. dollars unless otherwise indicated. WINNIPEG, Manitoba, May 10, 2023 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI” or the “Company”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, today announced that it is working to complete a comprehensive refinancing plan to improve financial flexibility, strengthen its b...
04 May 2023

NFI announces Election of Directors, including new member Jannet Walker-Ford

WINNIPEG, Manitoba, May 04, 2023 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) The board of directors (the “Board”) of NFI Group Inc. (the “Company”), a leader in zero-emission electric mobility solutions, is pleased to announce that Jannet Walker-Ford was elected as a new Director of the Board at the Company’s annual and special general meeting of shareholders (the “Shareholder Meeting”) held yesterday. The Company is pleased to a...
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