Boeing set to raise US$25 billion in massive debt sale: sources

Boeing set to raise US$25 billion in massive debt sale: sources

Channel NewsAsia - Business·2020-05-01 05:20

Boeing Co expects to raise around US$25 billion in its bond offering on Thursday, according to people familiar with the matter, a blowout result for the planemaker shoring up its finances during the coronavirus-induced travel downturn.

FILE PHOTO: A Boeing logo is seen at the company's facility in Everett after it was announced that their 777X model will make its first test flight later in the week in Everett, Washington, U.S. January 21, 2020. REUTERS/Lindsey Wasson

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