S&P rates Boeing notes A

Standard & Poor's said it assigned its A rating to Boeing Co.'s proposed issuance of floating-rate senior unsecured notes due 2014 and senior unsecured notes due 2018.

The company plans to use the proceeds for general corporate purposes, including funding its captive finance subsidiary, Boeing Capital Corp.

S&P said its ratings on Boeing reflect its position as one of two global producers of large commercial jetliners and as one of the largest U.S. defense contractors.

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