S&P gives A to Boeing notes

S&P said it assigned its A issue-level rating to Boeing Co.’s proposed senior unsecured notes.

The company plans to issue the notes in three tranches due 2023, 2026 and 2046, and S&P expects that it will use the proceeds for general corporate purposes.

“We do not believe that the proposed transaction will significantly alter the company’s credit metrics, therefore our other ratings on the company remain unchanged,” S&P said in a news release.

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