Boeing Secures Up To $5B Around MAX Issues

Credit: Boeing
WASHINGTON—As Wall Street expects Boeing to take a multi-billion-dollar hit due to ongoing 737 MAX issues, the Chicago-based company at the end of April secured up to $5 billion in new debt and credit to cushion its balance sheet. On Apr. 30, the company sold $3.5 billion worth of debt. The new...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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