Boeing announces stock offering expected to raise up to $19 billion
Boeing announced a stock offering on Monday expected to raise up to $19 billion, saying proceeds will go towards repaying debt and investing in its subsidiaries. Boeing announced an offer to sell 90 million shares of common stock -- valued at around $13.9 billion at current market prices -- in addition to $5 billion in depositary shares.
Boeing announces stock offering expected to raise up to $19 billion
Boeing announced a stock offering on Monday expected to raise up to $19 billion, saying proceeds will go towards repaying debt and investing in its subsidiaries. Boeing announced an offer to sell 90 million shares of common stock -- valued at around $13.9 billion at current market prices -- in addition to $5 billion in depositary shares.
Boeing is looking for a $19 billion boost
Boeing is looking to raise nearly $19 billion to combat its lack of cash.It comes after Boeing reported a net loss of $6.1 billion in the third
Boeing plans over $15 billion capital hike
Transactions likely to include shares, debut that can be converted to equity
Boeing Plans Over $15 Billion Capital Hike as Soon as Monday
(Bloomberg) -- Boeing Co. is planning to launch a capital raise as early as Monday, according to people familiar with the matter, in an offering that would help the beleaguered airplane maker boost its liquidity. The company is set to...
Boeing launches $19 billion share sale to boost liquidity
Jet manufacturer offered to sell 90 million common shares, $5bn depositary shares
Boeing Kicks Off Stock Sale That Could Raise Around $19B
Boeing on Monday launched the sale of around $19 billion in stock and depositary shares, as the troubled plane maker seeks to shore up its finances.
Boeing launches $19 billion share sale to thwart downgrade
Boeing needs the capital infusion to maintain its investment-grade rating and fund its production ramp-up once the Machinists strike ends.
Boeing Kicks Off Stock Sale That Could Raise Around $19B
Boeing on Monday launched the sale of around $19 billion in stock and depositary shares, as the troubled plane maker seeks to shore up its finances.
Boeing, in need of cash, looking to raise up to approximately $19B in offering
Boeing is looking to raise up to approximately $19 billion in a stock offering as the aerospace giant, which is dealing with a contentious strike, faces liquidity issues and tries to raise cash.
last updated on 28 Oct 14:30