Asianfin -- Boeing is preparing to kick off a capital-raising effort exceeding $15 billion as early as Monday, according to a source familiar with the situation.

On October 16, Reuters reported that the aerospace manufacturer was nearing a plan to secure approximately $15 billion through common stock and mandatory convertible bonds, aimed at strengthening its finances, which have been impacted by a protracted strike.

The new capital will likely be sourced from a combination of stock sales and convertible preferred shares, with the total amount potentially increasing based on investor demand, the source indicated.