Boeing Bankers Grab Up to $300 Million in Capital Raise Fees.

Boeing Co. recently completed a capital raise of over $20 billion, with Goldman Sachs Group Inc., Bank of America Corp., Citigroup Inc., and JPMorgan Chase & Co. expected to earn up to $75 million each for their roles as lead joint bookrunners. The sale, one of the largest of its kind by a public company, aimed to strengthen Boeing's balance sheet and prevent a potential credit rating downgrade. Other banks involved in the deal included Wells Fargo & Co., BNP Paribas SA, Deutsche Bank AG, and Morgan Stanley. Overall, the equity market issuance has slowed ahead of the US presidential election, despite a strong year for new and existing share sales. [Extracted from the article]