Boeing Begins $19 BN Share Sale To Prevent Credit Downgrade
Edited By WION Video Desk
Published: Oct 29, 2024, 06:00 IST | Updated: Oct 29, 2024, 06:00 IST
Boeing is launching a nearly $19 Billion share sale as part of a major effort to address its liquidity needs and avoid a potential credit downgrade to junk status. The company has put 90 million common shares and approximately $5 billion in depositary shares on the market.
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