Boeing Co.'s $1 Billion Shelf Rated Preliminary 'A+'/'A' - S&P Global Ratings’ Credit Research

Boeing Co.'s $1 Billion Shelf Rated Preliminary 'A+'/'A'

Boeing Co.'s $1 Billion Shelf Rated Preliminary 'A+'/'A' - S&P Global Ratings’ Credit Research
Boeing Co.'s $1 Billion Shelf Rated Preliminary 'A+'/'A'
Published Sep 19, 2002
814 words — Published Sep 19, 2002
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Abstract:

NEW YORK (Standard&Poor's) Sept. 19, 2002-- Standard&Poor's Ratings Services said today it assigned its preliminary single-'A'-plus rating to senior unsecured debt securities and its preliminary single-'A' rating to subordinated debt securities filed under Boeing Co.'s $1 billion SEC Rule 415 shelf registration. At the same time, Standard&Poor's affirmed its ratings, including the single-'A'-plus long-term and 'A-1' short-term corporate credit ratings, on the Chicago, Ill.-based aerospace giant. Proceeds from the sale of the debt securities are expected to be used for repayment of existing debt, working capital, capital expenditures, and acquisitions. Total debt outstanding is about $4.2 billion, excluding $600 million of nonrecourse customer financing obligations and $8.4 billion at Boeing Capital Corp. "Ratings on

  
Brief Excerpt:

RESEARCH Boeing Co.'s $1 Billion Shelf Rated Preliminary 'A+'/'A' Publication date: 19-Sep-2002 NEW YORK (Standard & Poor's) Sept. 19, 2002-- Standard & Poor's Ratings Services said today it assigned its preliminary single-'A'-plus rating...

  
Report Type:

Ratings Action

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Issuer
GICS
Aerospace & Defense (20101010)
Sector
Aerospace & Defense , Asset-Backed Securities , Corporations , Global Issuers , Structured Finance
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MLA:
S&P Global Ratings’ Credit Research. "Boeing Co.'s $1 Billion Shelf Rated Preliminary 'A+'/'A'" Sep 19, 2002. Alacra Store. May 19, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Boeing-Co-s-1-Billion-Shelf-Rated-Preliminary-A-A-265671>
  
APA:
S&P Global Ratings’ Credit Research. (). Boeing Co.'s $1 Billion Shelf Rated Preliminary 'A+'/'A' Sep 19, 2002. New York, NY: Alacra Store. Retrieved May 19, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Boeing-Co-s-1-Billion-Shelf-Rated-Preliminary-A-A-265671>
  
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