Boeing said Tuesday that it could raise as much as $25 billion in shares or debt over three years, a move to increase liquidity as the troubled manufacturer faces a more than monthlong machinist strike and problems throughout its aircraft programs. “This universal shelf registration provides flexibility for the company to seek a variety of capital options as needed to support the company’s balance sheet over a three year period,” Boeing said in a statement. Boeing shares are down nearly 42% this year as of Tuesday. Bank of America aerospace analysts have estimated that Boeing will raise between $10 billion and $15 billion in equity. “We expect Boeing to offer equity first, which should shore up the company’s balance sheet in the near term while maintaining the option to later issue equity debt with a lower risk of a credit downgrade,” BoFA analyst Ron Epstein wrote Tuesday. Fitch Ratings said Boeing’s announcement Tuesday…
