Boeing (BOE, Washington National) has secured USD10 billion in credit from lenders and announced plans to issue up to USD25 billion in shares or debt over the next three years to address ongoing operational challenges exacerbated by recent labour disputes.
In a regulatory filing on October 15, the plane maker announced a USD10 billion supplemental credit agreement with BofA Securities, Citibank, Goldman Sachs Lending Partners, and JP Morgan Chase Bank as joint lead arrangers and book managers….
Source: ch aviation
Read more: Boeing addresses cash crunch, plans future fundraising