Did the investment-grade rating stay? After burning 1 billion in the major strike, Boeing plans to raise 35 billion for self-rescue.

Boeing plans to raise up to $25 billion through the issuance of stocks and bonds over the next three years to support its balance sheet, while also signing supplementary crediting agreements with some banks for $10 billion, stating that the existing revolving credit facilities as well as these new credit arrangements have not been utilized. The media reports that Boeing is expected to raise $10 billion through stock issuance. Boeing's stock price rebounded over 2% on Tuesday.

wallstreetcn19:46 ET

Boeing Judge Requests More Information Before Ruling on Plea Deal

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Aerospace Stocks Face Tough Questions: Can Boeing, GE, Airbus Justify Sky-High Valuations?

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'Boeing's Actions Support Liquidity Amidst Continued Operational Challenges' - Fitch Ratings

Benzinga12:33 ET

Book cash is approaching the operational bottom line. Boeing announced raising several billion dollars through multiple channels.

Boeing, a strong competitor for the title of the "most unfortunate listed company" in 2024, announced on Tuesday that it would raise billions of dollars in cash through a series of financing methods in response to liquidity pressures.

cls.cnOct 15 10:56 ET

Heico Analyst Ratings

BenzingaOct 15 09:25 ET · Ratings