A regulatory filing by the company yesterday said it intended to raise the money through a stock and debt offering, which would provide flexibility for Boeing to seek options to support its balance sheet over a threeyear period.
It also entered into a separate $10bn credit agreement with a consortium of banks, which it said would provide short-term access to liquidity as it navigated through a "challenging environment".
Production at the aircraft maker has been hobbled by the strike that began a month ago, which is estimated to have cost the company more than $1bn, according to Reuters.
This story is from the October 16, 2024 edition of The Guardian.
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This story is from the October 16, 2024 edition of The Guardian.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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