Moody's On Boeing Says Ratings Could Also Be Downgraded If Boeing Needs To Issue Debt Alongside Any Equity Raised To Meet Its Liquidity Requirements
Portfolio Pulse from Benzinga Newsdesk
Moody's has indicated that Boeing's credit ratings could be downgraded if the company needs to issue debt in addition to raising equity to meet its liquidity needs.
September 13, 2024 | 4:35 pm
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Moody's has warned that Boeing's credit ratings could be downgraded if the company needs to issue debt in addition to raising equity to meet its liquidity requirements.
The potential downgrade of Boeing's credit ratings by Moody's is significant as it could increase the company's borrowing costs and affect investor confidence. The need to issue debt alongside equity suggests liquidity challenges, which may negatively impact Boeing's stock price in the short term.
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