E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 2/14/2017 in the Prospect News Investment Grade Daily.

Boeing plans to conduct $900 million three-tranche offering of notes

By Devika Patel

Knoxville, Tenn., Feb. 14 – Boeing Co. intends to price $900 million of senior notes in three parts, according to a 424B3 filed with the Securities and Exchange Commission.

The notes will be sold in three fixed-rate tranches due in 2022, 2027 and 2047.

All of the notes will feature a make-whole call and then a par call.

Citigroup Global Markets Inc., Deutsche Bank Securities Inc., SMBC Nikko, Credit Agricole CIB, Santander Investment Securities Inc. and U.S. Bancorp Investments Inc. are the bookrunners for the 2022 notes.

Citigroup, Goldman Sachs & Co., Mizuho Securities USA Inc., BNP Paribas Securities Corp., BofA Merrill Lynch and RBC Capital Markets Corp. are the bookrunners for the 2027 notes.

Citigroup, J.P. Morgan Securities LLC, Wells Fargo Securities LLC, Barclays, Morgan Stanley & Co. LLC and MUFG are the bookrunners for the 2047 notes.

Proceeds will be used for general corporate purposes.

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.