Boeing gets additional loan commitments, draws down $13.8 billion

By Sarah Lizee

Olympia, Wash., March 17 – Boeing Co. obtained $800 million of additional commitments under its two-year delayed draw term loan credit agreement, and drew the entire $13.8 billion amount on Friday, according to an 8-K filing with the Securities and Exchange Commission.

The additional commitments were made after the initial closing date of the facility, which was Feb. 6.

Citibank, NA, JPMorgan Chase Bank, NA, BofA Securities, Inc. and Wells Fargo Securities, LLC are joint lead arrangers and joint book managers, Bank of America, NA and Wells Fargo Bank, NA are documentation agents, JPMorgan is the syndication agent and Citibank is the administrative agent.

Boeing is a Chicago-based aerospace company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.