Boeing's Financial Woes
Boeing plans to raise up to $25B through stock and debt offerings over the next three years while also entering into a $10B credit deal with lenders, according to regulatory filings yesterday. The jetmaker seeks to bolster its finances and increase its cash balance as it works to avoid a potential downgrade to junk status by credit rating agencies, which would trigger higher borrowing costs.
S: 1440 Digest
@Madken65 perhaps if they were to stop overcompensating their ceo & csuite, they might actually be okay. but nah. they wouldn't stop bleeding from there.
@Madken65
Better easy to have cash on hand?
Don't hand out to your huge investors via stock buybacks...
Pushing $100B....
https://www.commondreams.org/opinion/boeing-safety-stock-buybacks