May 1, 2020 / 12:31 AM / a month ago

Boeing says will not seek further funds from U.S. government

FILE PHOTO: Boeing's Everett factory outside Seattle is pictured after a worker there who had the coronavirus died, the Seattle Times reported on Sunday, as efforts continue to help slow the spread of coronavirus disease (COVID-19) in Everett, Washington, U.S. March 22, 2020. REUTERS/Jason Redmond

(Reuters) - Boeing Co (BA.N) has no plans to seek additional funding through the capital markets or from the U.S. government at this time, the planemaker said in a statement on Thursday.

The company raised $25 billion (£19.9 billion) in a bond offering on Thursday in a bid to shore up its finances during the coronavirus-induced travel downturn.

Reporting by Aishwarya Nair in Bengaluru

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