Boeing Co., Boeing Capital Ratings Affirmed After Announcing $250 Mil. Charge - S&P Global Ratings’ Credit Research

Boeing Co., Boeing Capital Ratings Affirmed After Announcing $250 Mil. Charge

Boeing Co., Boeing Capital Ratings Affirmed After Announcing $250 Mil. Charge - S&P Global Ratings’ Credit Research
Boeing Co., Boeing Capital Ratings Affirmed After Announcing $250 Mil. Charge
Published Oct 04, 2002
Published Oct 04, 2002
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Abstract:

NEW YORK (Standard&Poor's) Oct. 4, 2002--Standard&Poor's Ratings Services said today that it has affirmed its single-'A'-plus corporate credit rating on Boeing Co. and its single-'A'-plus rating on Boeing's financing subsidiary, Boeing Capital Corp., after the company announced that it would take a $250 million pretax noncash charge in the third quarter 2002 related to financing and investment assets at Boeing Capital. The outlook on both companies is stable. "The charges, arising from the current weak aviation market, can be accommodated within Boeing's overall strong business and financial profile," said Standard&Poor's credit analyst Roman Szuper. "Boeing is expected to continue to support its finance unit to maintain an appropriate capital structure for the rating," he

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Aerospace & Defense (20101010)
Sector
Aerospace & Defense , Asset-Backed Securities , Corporations , Global Issuers , Structured Finance
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Region
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Boeing Co., Boeing Capital Ratings Affirmed After Announcing $250 Mil. Charge" Oct 04, 2002. Alacra Store. May 19, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Boeing-Co-Boeing-Capital-Ratings-Affirmed-After-Announcing-250-Mil-Charge-268583>
  
APA:
S&P Global Ratings’ Credit Research. (). Boeing Co., Boeing Capital Ratings Affirmed After Announcing $250 Mil. Charge Oct 04, 2002. New York, NY: Alacra Store. Retrieved May 19, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Boeing-Co-Boeing-Capital-Ratings-Affirmed-After-Announcing-250-Mil-Charge-268583>
  
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