Boeing Cut To Just Above Junk, S&P Warns "Recovery Remains Highly Uncertain"
Apr 29th 2020 5:15pm EDT
Boeing Cut To Just Above Junk, S&P Warns “Recovery Remains Highly Uncertain” With total debt (in public bonds & loans outstanding) of $34.2 billion, and having burned through $4.7 billion in cash in the first quarter, it is perhaps no surprise S&P took the ax to Boeing’s credit rating. As a reminder, Moody’s downgraded Boeing […]
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