Reported 30 days ago
Boeing plans to raise over $15 billion as early as Monday to enhance its liquidity amidst ongoing financial struggles, including a significant cash outflow and declining stock prices. The company has received clearance to sell up to $25 billion in equity and debt, navigating a challenging environment accelerated by a seven-week strike and underwhelming financial results. This fundraising effort could include shares and convertible debt, with potential adjustments based on investor demand.
Source: YAHOO