Boeing Announces Closing of Senior Notes Offering

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Boeing closed a $10.0 billion offering of fixed-rate senior unsecured notes, including various amounts due between 2027 and 2064. The proceeds will be used for general corporate purposes. The notes were sold to qualified institutional buyers in the US and non-US persons outside the country.

ARLINGTON, Va., May 1, 2024 /PRNewswire/ -- The Boeing Company [NYSE: BA] announced today it closed an offering of $10.0 billion aggregate principal amount of fixed-rate senior unsecured notes (the "notes"), consisting of $1.0 billion aggregate principal amount of its 6.259% senior notes due 2027, $1.5 billion aggregate principal amount of its 6.298% senior notes due 2029, $1.0 billion aggregate principal amount of its 6.388% senior notes due 2031, $2.5 billion aggregate principal amount of its 6.528% senior notes due 2034, $2.5 billion aggregate principal amount of its 6.858% senior notes due 2054 and $1.5 billion aggregate principal amount of its 7.008% senior notes due 2064.  Boeing intends to use the net proceeds from the offering for general corporate purposes.

The notes were offered and sold in a transaction exempt from the registration requirements of the U.S. Securities Act of 1933, as amended (the "Securities Act"), and in the United States only to persons reasonably believed to be "qualified institutional buyers" in reliance on the exemption from registration under the Securities Act provided by Rule 144A and outside the United States to certain non U.S. persons in offshore transactions in reliance on Regulation S under the Securities Act.

Contact: Investor Relations: BoeingInvestorRelations@boeing.com
Communications: media@boeing.com

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SOURCE Boeing

FAQ

What was the total amount of the senior notes offering by Boeing?

Boeing closed a $10.0 billion offering of fixed-rate senior unsecured notes.

What are the different amounts and due dates of the senior notes offered by Boeing?

Boeing offered senior notes in amounts of $1.0 billion due in 2027, $1.5 billion due in 2029, $1.0 billion due in 2031, $2.5 billion due in 2034, $2.5 billion due in 2054, and $1.5 billion due in 2064.

Who were the notes offered to by Boeing?

The notes were offered to qualified institutional buyers in the US and non-US persons outside the country.