Boeing Co. has received orders of about $14 billion from around20 banks for a loan that will give the planemaker more financialflexibility to manage the fallout from its grounded 737 Maxjetliners, according to people familiar with the matter.
On an earnings call this morning, Boeing said it had receivedenough commitments to enter into a $12 billion term-loan facility."Based on the strong demand, the size of facility could exceed thisamount when the transaction closes in February," said CFO GregSmith.
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