New York, Oct 15, 2024 (AFP) - Boeing announces intention to raise up to $25 bn

NAMPA / AFP

2024-10-15

US aircraft manufacturer Boeing on Tuesday unveiled measures meant to replenish its cash flow, including its intention to raise up to $25 billion, as it navigates recurrent production problems and a major US strike. The company said it could raise the money via securities such as shares or bonds, according to a regulatory document. It also earlier announced that it was in an agreement to obtain $10 billion in credit from multiple banks. The moves......

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