Boeing took a step toward raising as much as $US25 billion ($37 billion), funds that would give the troubled plane-maker the financial resources to withstand a paralysing strike and work its way through a series of operational setbacks.
The company filed with regulators on Tuesday (Wednesday AEDT) to sell any combination of bonds and shares, known as a shelf registration. Boeing is looking to shore up its balance sheet and boost access to cash, as it tries to avoid getting cut to junk status by bond graders and facing much higher borrowing costs.
Bloomberg