Boeing intends to sell $1.4 billion of notes in four tranches

By Devika Patel

Knoxville, Tenn., Feb. 21 – Boeing Co. plans to price $1.4 billion of senior notes in four parts, according to a form 424B3 filed with the Securities and Exchange Commission.

The notes will be sold in four fixed-rate tranches due in 2023, 2028, 2038 and 2048.

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

Goldman Sachs & Co., Citigroup Global Markets Inc., J.P. Morgan Securities LLC, BNP Paribas Securities Corp., Morgan Stanley & Co. LLC and RBC Capital Markets Corp. are the bookrunners for the 2023 notes.

Goldman Sachs, Barclays, BofA Merrill Lynch, BBVA Securities Inc., Credit Suisse Securities (USA) LLC and Santander Investment Securities Inc. are the bookrunners for the 2028 notes.

Goldman Sachs, SMBC Nikko, Wells Fargo Securities LLC, Credit Agricole CIB, Lloyds Securities and U.S. Bancorp Investments Inc. are the bookrunners for the 2038 notes.

Goldman Sachs, Deutsche Bank Securities Inc., Mizuho Securities USA Inc., Commerzbank Capital Markets Corp., MUFG and Societe Generale are the bookrunners for the 2048 notes.

Proceeds will be used for general corporate purposes.

Boeing is a Chicago-based aerospace company.

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