OTHER NEWS - April 1, 1993
- Share via
From Times Staff and Wire Reports
Moody’s Lowers Boeing Credit Rating: The rating of Boeing Co.’s $1.7 billion in senior bonds was downgraded by Moody’s Investors Service, based on a weak market for airliners and the plane maker’s high development costs of its 777 wide-body aircraft. The debt-rating company also cited the growing demand from airlines for manufacturer-provided financing for purchases of new planes. Completing a review begun Jan. 28, Moody’s lowered its rating on Boeing’s senior debt to A1 from Aa3.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
