From seeking govt aid to snubbing it, what changed for Boeing in 6 weeks?

Topics Boeing | US economy


In just six weeks, Boeing Co went from seeking government aid to announcing it no longer needed it. The company's $25-billion bond issue this week made all the difference.

The upsized deal, this year's largest investment-grade bond issue and the sixth-largest on record, surpassed Boeing's expectations. It underscores how the Chicago-based company capitalised on US government support, even without having to accept taxpayer money as aid. On March 24, Boeing's Chief Financial Officer Greg Smith told Reuters in an.....

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