Boeing takes off amid turbulence

By Jon Hay
29 Oct 2020

Boeing faced down turbulence on Thursday with a $4.9bn bond issue, after markets reacted to a spike in Covid-19 cases days ahead of the US presidential election.

The US aircraft manufacturer was one of four high grade issuers to hit the market and wrap up financing ahead of the US presidential election on November 3.

Despite coming to the dollar market a day after reporting its fourth consecutive quarterly loss, Boeing, rated Baa2/BBB-, issued four ...

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