Boeing To Raise Up To $25 Billion, Gets $10B Credit Line

Key TakeawaysStruggling plane maker Boeing plans to sell as much as $25 billion in debt or stock, and received a $10 billion bank credit line.Boeing has been in financial turmoil as it faced problems with aircraft production and is being hit by a strike by machinists that's now a month old.Shares of Boeing have lost more than 40% year-to-date. Boeing (BA) shares edged higher Tuesday morning after the struggling plane maker reported that it has taken steps to secure cash. The company wrote in a regulatory fi ...