Boeing Plans To Raise More Than $15B in Capital as Soon as Monday, Report Says
BoeingBoeing(US:BA) Investopedia·2024-10-28 10:15

KEY TAKEAWAYS Boeing reportedly is planning to raise more than $15 billion in capital as soon as Monday, as the troubled plane maker seeks to shore up its finances. According to Bloomberg, the deal is likely to include stock as well as bonds that can be converted into shares. The report said Boeing needs the funds to keep its investment-grade rating and fund its "eventual recovery" from an ongoing strike by its union machinists. Boeing (BA) reportedly is planning to raise more than $15 billion in capital as ...

Boeing Plans To Raise More Than $15B in Capital as Soon as Monday, Report Says - Reportify