Boeing raises $25 billion in bond offering, rules out federal aid

Boeing raises $25 billion in bond offering, rules out federal aid

Boeing Co raised $25 billion in a bond offering Thursday which it said helped the company avoid taking government aid during the travel downturn. The Congress last month set aside $17 billion in federal loans for companies considered of national security interest. Boeing’s CEO Dave Calhoun however had balked at the possibility of providing the government an equity stake in return for federal aid.

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