Boeing's financial troubles continue as credit rating agencies like S&P and Fitch revise its outlook to 'negative' due to production challenges and cash flow issues. Moody's also downgraded Boeing's credit rating. In response, Boeing is looking to raise $8-10 billion by selling bonds to address its cash burn and balance sheet concerns.
🟠Boeing Taps Debt Market to Raise $10 Billion Boeing on Monday tapped debt markets to raise $10 billion, after the U.S. planemaker burned $3.93 billion in free cash during the first quarter following slowing production of its best-selling jet, sources familiar with the matter… https://t.co/FHXrwZwXYW
✈️ Boeing's credit rating hovered above "junk" status last week after new action from rating agencies as the planemaker tries to recover from a crisis that began in January after a midair blowout of a cabin panel door plug on a nearly new 737 MAX 9. Investors and analysts have… https://t.co/d21CaTGZfo
Boeing tapped debt markets to raise $10 billion, after the US planemaker burned $3.93 billion in free cash during the first quarter following slowing production of its best-selling jet, sources familiar with the matter told @Reuters https://t.co/mljTaNS29L https://t.co/7iBHarAFsv
Boeing taps debt market to raise $10 billion, sources say https://t.co/eM4tGi4RzU https://t.co/gSb9AcJILQ
⚠️ BOEING TAPS DEBT MARKET TO RAISE $10 BILLION: SOURCES Full Story → https://t.co/m4XTvh3Sjk Boeing on Monday tapped debt markets to raise $10 billion, after the U.S. planemaker burned $3.93 billion in free cash during the first quarter following slowing production of its…
BOEING TAPS DEBT MARKET FOR $8-10 BILLION -- SOURCES
🚨JUST IN: Boeing looks to sell +$8 billion in bonds After reporting a $3.9 billion cash burn and quarterly loss Boeing is looking to shore up its balance sheet. Moody's cut their credit to one step above junk. Stock down -31% YTD. What brave soul is stepping in here? https://t.co/b3q7Fszgf4
#Boeing credit outlook gets gloomier as #Fitch also turns negative https://t.co/MnCObP11Cu
Fitch Ratings became the third major credit grader to turn pessimistic on Boeing as the planemaker’s crisis brings scrutiny to its balance sheet https://t.co/QLWOd6CzW9
Fitch downgrades Boeing's outlook to 'negative' on production, cashflow challenges https://t.co/QqoDPQjX3X https://t.co/vZGLBtmbwe
⚠️ FITCH DOWNGRADES BOEING'S OUTLOOK TO 'NEGATIVE' ON PRODUCTION, CASHFLOW CHALLENGES Full Story → https://t.co/q9F7Fmkbc3 Fitch Ratings downgraded outlook on Boeing to "negative" from "stable" on Friday, amid a fallout from safety crisis impacting the U.S. planemaker's… https://t.co/2D15kA9P5b
FITCH REVISES BOEING'S OUTLOOK TO NEGATIVE
$BA | Fitch Revises Boeing's Outlook To Negative https://t.co/a0Z5NoXUBj
S&P Cuts Boeing's Ratings Outlook to Negative https://t.co/f3jSloz9OF
S&P slashes Boeing credit outlook as rating hovers above junk status https://t.co/UcunVpMLN8 https://t.co/AbwVenAaIs
Boeing’s credit rating under pressure as S&P revises outlook to ‘negative’ https://t.co/iyPqqLdBRH
S&P Cuts Boeing’s Ratings Outlook to Negative https://t.co/y0rCnG1Y6g
⚠️ S(and)P REVISES OUTLOOK ON BOEING TO 'NEGATIVE' Full Story → https://t.co/nzCn345iOg Ratings agency S(and)P Global Ratings said on Thursday it has revised its outlook on planemaker Boeing to "negative" from "stable".
S&P SAYS BOEING CO. OUTLOOK REVISED TO NEGATIVE ON DELAY OF CREDIT METRICS RESTORATION; 'BBB-/A-3' RATINGS AFFIRMED || S&P: BOEING FACES HEIGHTENED PRODUCTION UNCERTAINTY, NOTABLY RELATED TO QUALITY ISSUES AFFECTING 737 MAX AIRCRAFT, KEY CHANGES TO LEADERSHIP PENDING
$BA | Boeing Isn't Junk Status — Yet: Moody's Outlook On Aircraft Maker Goes Negative Two tragic crashes weigh heavily on the aircraft company’s public image as well as its stock price. Boeing isn't the only Moody's downgrade as of late. The ratings firm reduced its outlook for… https://t.co/NMMvZ9ZThY
Boeing is burning through its cash, and that's a good sign that it's serious about fixing its supply chain, @tomwblack says https://t.co/IiJqhRWYWA via @opinion