Boeing raise $15 billion in order not to lose its rating

By Alimat Aliyeva

The American aircraft manufacturer Boeing intends to attract about $15 billion in investments to prevent a downgrade of its credit rating, Azernews reports.

According to the information, it is planned to raise funds by placing shares and bonds and selling debt obligations. At the same time, the amount of funds raised may increase depending on demand.

On October 23, Boeing received permission from the U.S. Securities and Exchange Commission to place shares and sell debt obligations in the amount of $ 25 billion. According to the management of the corporation, this will prevent a further drop in the rating level.

It is worth noting that in September, 33 thousand workers of Boeing enterprises began a protest action demanding higher salaries. After a seven-week strike, the corporation was in dire need of capital to finance the resumption of production. At the same time, in the third quarter of this year, the aircraft manufacturer's losses exceeded $ 6 billion.