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0.0031688079082423 0.00625437720295297 0.00246414999024101 0.000370268315365125 -0.0119002514380188 -0.0262022239061298 -0.026438305835888 -0.0331045706609721
Stock impact report

Boeing is raising $25 billion and says it doesn't need a federal bailout [CNNMoney.com]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
Company Research Source: CNNMoney.com
Boeing is raising $25 billion and says it doesn't need a federal bailout New York (CNN Business) Boeing won't be needing a federal bailout after all. The troubled aircraft maker said Thursday that it is raising $25 billion through a bond offering — a massive financial boost that Boeing says will keep it from having to tap into the CARES Act . US lawmakers passed the $2 trillion coronavirus economic rescue package in March, which included provisions to help airlines and other businesses that have been hurt by the coronavirus pandemic . Boeing is eligible for government loans through the act. "We're pleased with the response to our bond offering today, which is one of several steps we're taking to keep liquidity flowing through our business and the 17,000 companies in our industry's supply chain," Boeing said in a statement. The company said it also doesn't believe it will need to raise more money in the capital markets after the bond issues, which carry maturities ranging from t Show less Read more
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