Planemaker also enters into $10bn credit agreement in ‘challenging environment’ amid strikes and safety concerns
Boeing is seeking to raise up to $25bn (£19bn) in an attempt to shore up its finances as the planemaker struggles with production delays amid a strike by 33,000 workers and ongoing safety concerns.
A regulatory filing by the company on Tuesday said it intended to raise the money through a stock and debt offering, which would provide flexibility for Boeing to seek options to support its balance sheet over a three-year period.
More Stories
RBA interest rates: Reserve Bank of Australia cuts cash rate to 3.85% amid lowering inflation
M&S expects cyber-attack to last into July and cost £300m in lost profits
Sing when you’re winning: how karaoke in cars heralds the triumph of Chinese firms