Boeing is giving consideration to raising at least $10B by selling new stock and is working with advisors to explore its options, Bloomberg’s David Carnevali, Julie Johnsson, Bailey Lipschultz, and Aaron Kirchfeld report. According to people familiar with the discussions, raising equity isn’t likely to happen for at least a month, assuming the company can resolve the ongoing strike, as Boeing “wants a firm grasp of the financial toll” from the strike. No final decision on timing and the amount has been made, the people say.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on BA:
Read the full article here