Boeing Said to Seek Another $4 Billion of Liquidity From Banks

Boeing Co. is seeking a new $4 billion revolving credit facility from a group of banks, according to people with knowledge of the matter, as it prepares to ride out a potentially lengthy slowdown in global aircraft demand. The plane maker has the option to increase the size of the two-year facility to as much as $6 billion, said the people, asking not to be identified as the transaction is private. So-called “revolver” loans are typically left undrawn by investment-grade rated firms such as… (finance.yahoo.com) Ещё...