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Exclusive: Boeing eyes major bond issue to raise funds - sources [Reuters (UK)]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
Company Research Source: Reuters
Exclusive: Boeing eyes major bond issue to raise funds - sources - Reuters 4 Min Read (Reuters) - Boeing Co ( BA.N ) is working with investment banks on a multibillion-dollar bond-fueled financing package, aiming to shore up its balance sheet amid a sharp travel downturn from the pandemic, three people familiar with the matter said on Tuesday. The preparations reflect Boeing’s confidence that it can tap the capital markets to strengthen its finances, even as the largest U.S. planemaker weighs seeking government aid. Boeing has lined up investment banks to potentially market an offering to bond investors in the coming days, provided that market conditions are favorable, the sources said, cautioning that the exact timing and size of the offering had not been decided. The proceeds could amount to $10 billion or more, depending on investor demand, one of the sources added. The sources asked not to be identified because the matter is confidential. Boeing declined to comment. The company Show less Read more
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