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Boeing Taps Investment Banks as It Weighs Government Aid

April 10, 2020

Via: WSJ

Boeing Co. has tapped investment banks for help securing a financial lifeline after the coronavirus grounded most of the world’s flights and deepened the aerospace giant’s troubles.

Lazard and Evercore Inc. will help Boeing analyze government aid and potential funding from the private market, people familiar with the matter said. The U.S. Treasury Department has earmarked up to $17 billion of federal aid for Boeing and its suppliers as part of a larger rescue of the airline industry in the roughly $2 trillion stimulus package.

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