Market Chatter: Boeing, Spirit AeroSystems Near Funding Deal

MT Newswires Live11-09

Boeing (BA) and Spirit AeroSystems (SPR) are nearing a funding deal that will help Spirit manage its liquidity shortfall, Reuters reported Friday, citing an industry source familiar with the matter.

A deal may be announced soon, though it's not final yet, the report said.

Boeing declined to comment, and Spirit couldn't be reached immediately, Reuters said.

Boeing and Spirit didn't immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment