Boeing seeks $10 billion in loans as 737 Max crisis continues

Boeing seeks $10 billion in loans as 737 Max crisis continues

4 years ago
Anonymous $yQ5BfQaAxy

https://arstechnica.com/tech-policy/2020/01/boeing-seeks-10-billion-in-loans-as-737-max-crisis-continues/

Boeing is aiming to borrow $10 billion or more to help it get through the 737 Max crisis, CNBC reported today, citing people familiar with the matter.

"The company has secured at least $6 billion from banks so far, the people said, and is talking to other lenders for more contributions," CNBC wrote. Citigroup, Bank of America, Wells Fargo, and JPMorgan already agreed to loan Boeing money.