Moody's says Boeing capital raise 'credit positive' but ratings review remains-February 2024-www.financetom.com

Moody's says Boeing capital raise 'credit positive' but ratings review remains

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Moody's says Boeing capital raise 'credit positive' but ratings review remains

Nov 3, 2024 2:06 PM

Oct 29 (Reuters) - Ratings agency Moody's said on

Tuesday that Boeing's ( BA ) stock offering is "credit positive"

as it materially improves the planemaker's liquidity, but a

review for a ratings downgrade is still ongoing.

"The equity raise is likely to take off the table the

prospect of refinancing debt coming due through 4 February

2026," Moody's added.

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