Boeing files registration statement for securities, stock sale of up to $25 billion

  • Posted on October 15, 2024
  • By Yahoo News
  • 2 Views
Boeing files registration statement for securities, stock sale of up to $25 billion

It was not clear when and how much Boeing will raise via the offering, but analysts and investors expect the company to raise money before the year end amid looming debt maturities. Earlier on Tuesday, Boeing also entered a credit agreement worth $10 billion with a consortium of banks. Last month, Chief Financial Officer Brian West said at a Morgan Stanley conference that the company was "constantly evaluating our capital structure and liquidity levels to ensure that we could satisfy our debt maturities over the next 18 months while keeping confidence in our credit rating as investment grade."
continue reading...

Author
Yahoo News

You May Also Like