This site uses cookies to provide you with a great user experience. By using BondbloX, you accept our use of cookies.
Bond Market News
Boeing to Sell Its Jeppesen Unit at $10.55bn Valuation
April 23, 2025
Boeing announced it will sell parts of its Digital Aviation Solutions business, including navigation unit Jeppesen, to private equity firm Thoma Bravo at a valuation of $10.55bn. The deal, aimed at reducing Boeing’s debt, is one of the largest recent carve-out transactions. Boeing will retain core digital services related to fleet maintenance and diagnostics. Jeppesen, acquired by Boeing in 2000 for $1.5bn, was highly sought after and valued at roughly 16x its projected 2025 EBITDA. The sale is backed by a $4bn loan package and is expected to close by end-2025. Boeing is also pursuing other asset sales, including its drone business Insitu.
Boeing’s bonds traded stable with its 3.5% 2045s at 64.6, yielding 6.76%
For more details, click here
Go back to Latest bond Market News
Related Posts:
Boeing’s Operating Cashflow Turns Positive
July 28, 2022
Boeing Reports Net Loss of $3.3bn
October 27, 2022
Boeing’s Bonds Drop on Poor FAA Audit Results
March 13, 2024
BondbloX Pte. Ltd. is regulated by the Monetary Authority of Singapore as a Recognised Market Operator ("RMO") and exempted from Section 49(1) of the Securities and Futures Act (Cap. 289) ("SFA") under Section 49(7) of the SFA.