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    CITY AM – Boeing seeks £27bn as strikes hit finances

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    By News Desk on October 16, 2024 News Briefing
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    CITY AM - Boeing seeks £27bn as strikes hit finances

    CITY AM – Boeing seeks £27bn as strikes hit finances

    October 16, 2024

    Embattled US planemaker Boeing has announced plans to raise as much as $35bn (£26.8bn) 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.

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    Previous ArticleFT – Reeves banks on Budget tax rises to plug deepening black hole of $40bn 
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