Boeing (BA) Explores Stock Issuance to Avoid Credit Downgrade

Boeing (BA, Financial) is reportedly considering raising billions through stock and similar securities issuance to prevent its credit rating from being downgraded to junk status. The company has received financing proposals from investment banks like Goldman Sachs, JPMorgan Chase, Bank of America, and Citigroup, suggesting various options like common stocks, mandatory convertible bonds, and preferred stocks.According to sources, the proposed funding could be around $10 billion. These hybrid bonds can be vie ...