Boeing is reportedly considering plans to raise as much as $5 billion in debt to bolster its finances amid rising costs after the grounding of its 737 MAX jet
Earlier on Monday, the Wall Street Journal reported that Boeing is considering plans to raise more debt to bolster its finances after the grounding of its 737 MAX jet.
The company is also thinking of deferring some capital expenditures, freezing acquisitions and cutting spending on research and development to preserve cash, the reportBoeing did not immediately respond to a Reuters request for comment on the WSJ report.Reporting by Sanjana Shivdas in Bengaluru; Editing by Saumyadeb Chakrabarty and Maju Samuel
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