FILE PHOTO: Outbreak of the coronavirus disease (COVID-19) in Renton, Washington

A worker wears a mask on April 21 at the Boeing Renton (Wash.) Factory, where 737 MAX airliners are manufactured, as commercial airplane production resumes following a suspension of operations in March in response to the coronavirus pandemic.

Boeing has raised $25 billion in a massive debt sale, allowing it to avoid tapping a $17 billion coronavirus bailout fund meant to shore up businesses critical to national security.

The massive bond sale significantly increases Boeing’s chances of riding out the crisis without direct government support. Turning down the funds means the company will not have to give the government an ownership stake, a requirement that executives had said they wouldn’t accept.

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