Boeing Bonds Fall on Credit Rating Fears - News Summed Up

Boeing Bonds Fall on Credit Rating Fears


Prices of Boeing Co.’s bonds are dropping as investors bet the company’s halt of its 737 MAX jetliner production could trigger a downgrade of its single-A credit rating. The decline reflects concerns that earnings weakness caused by problems with the MAX could drag on well into 2020, forcing the company to borrow more to fund operations.


Source: Wall Street Journal December 17, 2019 18:56 UTC



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