Boeing's capital raise nets banks up to 300 million in fees

Boeing Co. has completed a successful capital raise that exceeded $20 billion, resulting in significant earnings for four major banks involved in the transaction.

The lead joint bookrunners, Goldman Sachs, Bank of America, Citigroup, and JPMorgan Chase, are projected to receive up to $75 million each. The capital raise fees will be shared among approximately 20 banks, with the four leading institutions capturing nearly 80% of the fee pool.

This deal is particularly lucrative considering the slowdown in equity market issuance ahead of the upcoming US election.

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