Boeing Aims to Raise $35 Billion to Tackle Strikes and Production Woes ✈️💰
Boeing has set its sights on raising $35 billion through stock, bond sales, and a new loan as it faces financial strains due to ongoing challenges. The aerospace giant is grappling with a significant strike by union workers and production delays on its best-selling 737 MAX jet after a door panel malfunction 🚪✈️. In an effort to boost liquidity, Boeing filed paperwork with the U.S. Securities and Exchange Commission (SEC) to raise $25 billion through stock and debt offerings, while also entering into a $10 billion credit agreement.
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