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Fitch affirms Boeing Capital at A
Fitch Ratings said it affirmed the long-term issuer default rating and senior unsecured debt ratings of Boeing Capital Corp. at A.
Boeing Capital is the captive finance subsidiary of Boeing Co. (A/stable).
Fitch said the affirmation reflects its view that Boeing Capital is a core subsidiary of Boeing, reflecting its role arranging, structuring, and providing financing to support the sale of Boeing’s products.
The rating linkages are also based on the high level of management and operational integration between the two entities, as well as Boeing’s track record of support for Boeing Capital, reflecting the fungibility of funding between the two entities, the agency explained.
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