Boeing Looks to Sell Bonds After Reporting Cash Burn

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Moody’S Ratings,Boeing,Credit Rating

(Bloomberg) -- Boeing Co. is looking to sell bonds in as many as six parts, its first bond sale after the planemaker reported a quarterly loss and $3.9...

-- Boeing Co. is looking to sell bonds in as many as six parts, its first bond sale after the planemaker reported a quarterly loss and $3.9 billion of cash burn, and Moody’s Ratings cut the company’s credit rating to a step above junk.The company is looking to sell debt in maturities ranging from three to 40 years, according a person familiar with the matter, who is not authorized to speak publicly. The 40-year portion may yield around 2.65 percentage points more than Treasuries.

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Moody’S Ratings Boeing Credit Rating

 

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