New York, Oct 15, 2024 (AFP) - Boeing to raise up to $25 bn as strike weighs on finances

NAMPA / AFP

2024-10-15

US aircraft manufacturer Boeing unveiled measures meant to replenish its cash flow Tuesday, including an intention to raise up to $25 billion, as it navigates recurrent production problems and a major US strike. In a regulatory filing, the aviation giant indicated plans to raise the funds by selling stock and debt. It also earlier announced that it was in an agreement to obtain $10 billion in credit from multiple banks. The moves come amid a mach......

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