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How will major banks' involvement in Boeing's financial arrangements change by the end of 2025?
3
Resolution / Starting Odds
Increase involvement • 25%
Maintain current level • 25%
Reduce involvement • 25%
Withdraw completely • 25%
Official announcements from involved banks or Boeing
Story
Boeing Secures $10 Billion Credit Agreement, Files $25 Billion Shelf Registration as Stock Rises 2.8%
Oct 15, 2024, 10:39 AM
Boeing has entered into a $10 billion supplemental credit agreement with major banks including Bank of America, Citibank, Goldman Sachs, and JPMorgan Chase Bank. This move aims to shore up its balance sheet and manage its financial pressures, including an $11.5 billion debt maturing by February 2026 and a $1 billion per month strike. Boeing's stock rose 2.8% following the announcement and 2% premarket. Additionally, Boeing has filed for a mixed shelf registration of up to $25 billion, potentially in preparation for an equity raise and a $4.7 billion share issuance for Spirit AeroSystems.
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Successful raise and debt management • 25%
Partial raise, debt management issues • 25%
No significant raise, severe debt issues • 25%
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Successfully raises $15 billion or more • 25%
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Fails to raise any additional capital • 25%
Full amount raised • 25%
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No amount raised • 25%
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Successful stabilization • 25%
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Further instability • 25%
