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Boeing Seeks to Line Up Billions in Financing as Strike Goes On
The aerospace giant said it could raise as much as $25 billion in debt or equity over the next three years, including a $10 billion line of credit.
Troubled Boeing signals it may raise up to $25 billion to shore up finances
Boeing signaled Tuesday that it could raise up to $25 billion in new stock or debt to shore up its balance sheet after years of heavy losses. The company said in back-to-back regulatory filings that it could raise the cash over the next three years.
Boeing closes in on $15 billion financing via stock, hybrid bonds
Boeing is closing in on a plan to raise around $15 billion with common shares and a mandatory convertible bond as the jet maker bolsters finances worsened by a crippling strike, four sources familiar with the matter told Reuters.
Boeing Closing In on Plan to Raise $15 Billion in Stock, Bonds
Boeing Co. is considering raising about $15 billion in a sale of shares and a mandatory convertible bond, Reuters reported, citing people familiar with the matter.
Boeing raising up to $35bn as costly strike drags on
Boeing says it aims to raise up to $35bn (£26.8bn) from investors and banks as a costly strike by thousands of its workers enters its second month. Also on Tuesday, the union representing more than 30,
1h
on MSN
Boeing’s Strike Stalemate Leaves Mediators Hunting For Consensus
It’s been more than a week since Boeing Co. broke off contract talks with the union representing 33,000 striking hourly ...
57m
Can Boeing Keep Its Balance Amidst The Shifting Winds?
In the last week, Boeing has taken two significant efforts to address its ongoing financial crisis amidst an ongoing strike ...
1d
Boeing strike enters second month as workers rally in Seattle
Boeing factory workers held a large rally in Seattle to demand a better wage deal, mounting pressure on new CEO Kelly Ortberg ...
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1h
Boeing plans to raise $15bn with common shares and convertible bonds amid ongoing strike crisis, sources say
The report, citing unnamed sources, said that a $15 billion sale may not be enough for Boeing to address its ongoing crises ...
2d
on MSN
Boeing factory strike crosses 1-month mark as pressure mounts on new CEO
Now, he said the company plans to cut 10% of its workforce in "the coming months." The announcement came as a factory strike ...
2d
on MSN
Boeing's labor strike is so bad that the US Labor Secretary just flew to Seattle to help
Su encouraged negotiations during the stoppage earlier this month involving 45,000 dockworkers on the East and Gulf Coast ...
10h
on MSN
Washington lawmakers press Boeing, union to resolve monthlong strike
Four Democratic lawmakers from the state of Washington this week urged Boeing and the union representing striking machinists ...
1d
on MSN
Boeing shores up cash reserves as labor strike, operations costs soar
Boeing (BA) made two big moves late Monday night to shore up its balance sheet as the company faces an extremely difficult ...
3d
on MSN
Boeing's Labor Strike Enters Week 5: How Bad Could This Get?
Depending on whom you ask, Boeing is losing anywhere from $1 billion per week (says The Washington Post) to $1 billion per ...
1d
Boeing strike: What aircraft are affected?
Several types of Boeing aircraft’s production has been affected as over 30,000 unionized workers in the Pacific Northwest ...
1d
Boeing Enters $10 Billion Credit Agreement With Banks Amid Crippling Strike
(Reuters) -Boeing said on Tuesday it has entered a credit agreement worth $10 billion with a consortium of banks, as the U.S.
6h
Boeing strike at the crossroads: What workers need to fight intervention by government and Wall Street
First, behind Boeing is Wall Street, which has already backed the company with another $10 billion in loans. Kelly Ortberg ...
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