NEW YORK/WASHINGTON (Reuters) – In just six weeks, Boeing Co (BA.N) went from seeking government aid to announcing it no longer needed it.
FILE PHOTO: The company logo and trading informations for Boeing is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 13, 2019. REUTERS/Brendan McDermid
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 capitalized on U.S. government support,