Boeing is attempting to raise up to $25bn through stock and debt offerings, aiming to provide flexibility and support its balance sheet amidst production delays and a worker strike.
With production hampered by the strike, Boeing has lost over $1bn in the past month. The company's financial restructuring includes plans to cut 17,000 jobs, nearly 10% of its workforce.
This tumultuous year has been exacerbated by the FAA's production caps following earlier incidents, including a serious mid-air failure of the 737 Max, leading to significant legal penalties.
Analysts anticipate that Boeing's fundraising efforts through stock and debt offerings will be completed by the end of the year, crucial as $11.5bn of debt approaches maturity.
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