The Boeing Co. stand on day two of the Farnborough International Airshow in Farnborough, UK, on July 23, 2024. Photographer: Hollie Adams/Bloomberg.
If cut to junk status, Boeing Co. will be the biggest U.S. corporate borrower to ever be stripped of its investment-grade ratings and forced to join junk bond indexes, flooding the high-yield market with a record volume of new debt to absorb.
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