On Feb. 7, 2003, Standard&Poor's Ratings Services assigned its 'A+' rating to Boeing Co.'s $600 million 5.125% global notes due 2013 and $400 million 6.125% global notes due 2033; both issues are shelf drawdowns. At the same time, Standard&Poor's affirmed its ratings, including its 'A+'/'A-1' corporate credit ratings, on Boeing. The outlook is stable. Proceeds from the sale of the notes are expected to be used for repayment of maturing debt and other purposes. Total debt outstanding is about $4.4 billion, excluding $600 million of nonrecourse customer financing obligations and $9.4 billion at Boeing Capital Corp. Ratings on Chicago, Ill.-based aerospace giant Boeing Co. are supported by its position as one of two globally dominant producers
