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Moody's downgrades debt rating for largest Boeing supplier

by Associated Press
| January 15, 2020 12:05 AM

WICHITA, Kan. (AP) — Moody's Investors Service announced that it is downgrading the debt rating for Spirit AeroSystems, Inc. to junk-bond status after the major supplier of fuselages for Boeing's troubled 737 Max announced massive layoffs last week.

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