CITY AM – Boeing seeks ÂŁ27bn as strikes hit finances
Embattled US planemaker Boeing has announced plans to raise as much as $35bn (ÂŁ26.8bn) through a credit agreement and share sale to boost its balance sheet as it battles a string of crises. The firm is searching for $25bn through a stock and debt offering and also entered into a $10bn credit agreement with a consortium of banks, according to regulatory filings on Tuesday.
