Boeing signed a $10 billion credit agreement to seek to support its balance sheet and was affected by a prolonged strike that had shut down its Seattle manufacturing center for a month. Boeing said in a statement on Tuesday that it will pay 0.5% of the total principal amount of each advance payment as a financing fee under the agreement. At one point, Boeing's stock price rose 2.4% during pre-market trading in US stocks. The company is working to avoid the possibility that Moody's and S&P will downgrade Boeing's ratings. Both companies said in the past five weeks that they may downgrade Boeing's credit rating to junk, which will almost immediately drive up the company's interest costs and reduce Boeing's investment appeal in some funds.

Boeing signed a $10 billion credit agreement to seek to support its balance sheet and was affected by a prolonged strike that had shut down its Seattle manufacturing center for a month. Boeing said in a statement on Tuesday that it will pay 0.5% of the total principal amount of each advance payment as a financing fee under the agreement. At one point, Boeing's stock price rose 2.4% during pre-market trading in US stocks. The company is working to avoid the possibility that Moody's and S&P will downgrade Boeing's ratings. Both companies said in the past five weeks that they may downgrade Boeing's credit rating to junk, which will almost immediately drive up the company's interest costs and reduce Boeing's investment appeal in some funds.