Free Writing Prospectus - Filing Under Securities Act Rules 163/433 (fwp)
May 01 2020 - 6:28AM
Edgar (US Regulatory)
Filed Pursuant to Rule 433 under the Securities Act of 1933
Registration Statement No. 333-219630
Issuer Free Writing Prospectus, dated April 30, 2020
The Boeing Company
Final Term Sheet
$3,000,000,000 4.508% Senior Notes due 2023
Summary of Final Terms
Dated April 30, 2020
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Issuer
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The Boeing Company
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Principal Amount
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$3,000,000,000
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Trade Date
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April 30, 2020
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Settlement Date (T+2)
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May 4, 2020
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Maturity Date
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May 1, 2023
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Treasury Benchmark
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UST 0.250% due April 15, 2023
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Treasury Price / Yield
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99-31 1⁄4 / 0.258%
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Spread to Treasury
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+425 bps
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Reoffer Yield
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4.508%
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Price to Public1
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100.000%
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Gross Fee Spread
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0.250%
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Coupon (Interest Rate)
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4.508%
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Interest Payment Dates
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May 1 and November 1
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First Interest Payment Date
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November 1, 2020
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Call Provision
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MWC @ T+50 bps at any time prior to April 1, 2023 (one month prior to maturity); par call at any time on or after April 1, 2023
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CUSIP / ISIN
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097023 CS2 / US097023CS21
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Joint Book-Running Managers
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Citigroup Global Markets Inc.
BofA Securities,
Inc.
J.P. Morgan Securities LLC
Wells Fargo Securities,
LLC
BNP Paribas Securities Corp.
Deutsche Bank Securities
Inc.
Goldman Sachs & Co. LLC
Mizuho Securities USA
LLC
Morgan Stanley & Co. LLC
RBC Capital Markets,
LLC
SMBC Nikko Securities America, Inc.
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1
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Senior Co-Managers
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BBVA Securities Inc.
Commerz Markets LLC
Credit Agricole Securities (USA) Inc.
Credit Suisse Securities
(USA) LLC
MUFG Securities Americas Inc.
Santander Investment
Securities Inc.
SG Americas Securities, LLC
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|
|
Co-Managers
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|
ANZ Securities, Inc.
Banca IMI S.p.A.
Barclays Capital Inc.
ICBC Standard Bank Plc2
Lloyds Securities Inc.
PNC Capital Markets LLC
Standard Chartered Bank3
SunTrust Robinson Humphrey, Inc.
U.S. Bancorp Investments, Inc.
Westpac Capital Markets
LLC
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|
|
Junior Co-Managers
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Academy Securities, Inc.
Apto Partners, LLC
Bancroft Capital LLC
Blaylock Van, LLC
Cabrera Capital Markets LLC
CastleOak Securities, L.P.
C.L. King & Associates, Inc.
Drexel Hamilton, LLC
Great Pacific Securities
Guzman & Company
Loop Capital Markets LLC
MFR Securities, Inc.
Mischler Financial Group, Inc.
Multi-Bank Securities, Inc.
Penserra Securities LLC
R. Seelaus & Co., LLC
Samuel A. Ramirez & Company, Inc.
Siebert Williams
Shank & Co., LLC
Stern Brothers & Co.
Telsey Advisory Group LLC
Tribal Capital Markets,
LLC
|
2
$3,500,000,000 4.875% Senior Notes due 2025
Summary of Final Terms
Dated April 30, 2020
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Issuer
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The Boeing Company
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Principal Amount
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$3,500,000,000
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Trade Date
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April 30, 2020
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Settlement Date (T+2)
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May 4, 2020
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Maturity Date
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May 1, 2025
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Treasury Benchmark
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UST 0.500% due March 31, 2025
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Treasury Price / Yield
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100-19+ / 0.375%
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Spread to Treasury
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+450 bps
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Reoffer Yield
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4.875%
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Price to Public1
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100.000%
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Gross Fee Spread
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0.350%
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Coupon (Interest Rate)
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4.875%
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Interest Payment Dates
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May 1 and November 1
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First Interest Payment Date
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November 1, 2020
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Call Provision
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MWC @ T+50 bps at any time prior to April 1, 2025 (one month prior to maturity); par call at any time on or after April 1, 2025
|
|
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CUSIP / ISIN
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|
097023 CT0 / US097023CT04
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Joint Book-Running Managers
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|
Citigroup Global Markets Inc.
BofA Securities,
Inc.
J.P. Morgan Securities LLC
Wells Fargo Securities,
LLC
BNP Paribas Securities Corp.
Deutsche Bank Securities
Inc.
Goldman Sachs & Co. LLC
Mizuho Securities USA
LLC
Morgan Stanley & Co. LLC
RBC Capital Markets,
LLC
SMBC Nikko Securities America, Inc.
|
3
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Senior Co-Managers
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BBVA Securities Inc.
Commerz Markets LLC
Credit Agricole Securities (USA) Inc.
Credit Suisse Securities
(USA) LLC
MUFG Securities Americas Inc.
Santander Investment
Securities Inc.
SG Americas Securities, LLC
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Co-Managers
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ANZ Securities, Inc.
Banca IMI S.p.A.
Barclays Capital Inc.
ICBC Standard Bank Plc2
Lloyds Securities Inc.
PNC Capital Markets LLC
Standard Chartered Bank3
SunTrust Robinson Humphrey, Inc.
U.S. Bancorp Investments, Inc.
Westpac Capital Markets
LLC
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Junior Co-Managers
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Academy Securities, Inc.
Apto Partners, LLC
Bancroft Capital LLC
Blaylock Van, LLC
Cabrera Capital Markets LLC
CastleOak Securities, L.P.
C.L. King & Associates, Inc.
Drexel Hamilton, LLC
Great Pacific Securities
Guzman & Company
Loop Capital Markets LLC
MFR Securities, Inc.
Mischler Financial Group, Inc.
Multi-Bank Securities, Inc.
Penserra Securities LLC
R. Seelaus & Co., LLC
Samuel A. Ramirez & Company, Inc.
Siebert Williams
Shank & Co., LLC
Stern Brothers & Co.
Telsey Advisory Group LLC
Tribal Capital Markets,
LLC
|
4
$2,000,000,000 5.040% Senior Notes due 2027
Summary of Final Terms
Dated April 30, 2020
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Issuer
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The Boeing Company
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Principal Amount
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$2,000,000,000
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Trade Date
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April 30, 2020
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Settlement Date (T+2)
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May 4, 2020
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Maturity Date
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May 1, 2027
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Treasury Benchmark
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UST 0.625% due March 31, 2027
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Treasury Price / Yield
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100-18+ / 0.540%
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Spread to Treasury
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+450 bps
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|
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Reoffer Yield
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5.040%
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Price to Public1
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100.000%
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Gross Fee Spread
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0.400%
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Coupon (Interest Rate)
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5.040%
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Interest Payment Dates
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May 1 and November 1
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First Interest Payment Date
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November 1, 2020
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Call Provision
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MWC @ T+50 bps at any time prior to March 1, 2027 (two months prior to maturity); par call at any time on or after March 1, 2027
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|
CUSIP / ISIN
|
|
097023 CU7 / US097023CU76
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Joint Book-Running Managers
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|
Citigroup Global Markets Inc.
BofA Securities,
Inc.
J.P. Morgan Securities LLC
Wells Fargo Securities,
LLC
BNP Paribas Securities Corp.
Deutsche Bank Securities
Inc.
Goldman Sachs & Co. LLC
Mizuho Securities USA
LLC
Morgan Stanley & Co. LLC
RBC Capital Markets,
LLC
SMBC Nikko Securities America, Inc.
|
|
|
Senior Co-Managers
|
|
BBVA Securities Inc.
Commerz Markets LLC
Credit Agricole Securities (USA) Inc.
Credit Suisse Securities
(USA) LLC
MUFG Securities Americas Inc.
Santander Investment
Securities Inc.
SG Americas Securities, LLC
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5
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Co-Managers
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ANZ Securities, Inc.
Banca IMI S.p.A.
Barclays Capital Inc.
ICBC Standard Bank Plc2
Lloyds Securities Inc.
PNC Capital Markets LLC
Standard Chartered Bank3
SunTrust Robinson Humphrey, Inc.
U.S. Bancorp Investments, Inc.
Westpac Capital Markets
LLC
|
|
|
Junior Co-Managers
|
|
Academy Securities, Inc.
Apto Partners, LLC
Bancroft Capital LLC
Blaylock Van, LLC
Cabrera Capital Markets LLC
CastleOak Securities, L.P.
C.L. King & Associates, Inc.
Drexel Hamilton, LLC
Great Pacific Securities
Guzman & Company
Loop Capital Markets LLC
MFR Securities, Inc.
Mischler Financial Group, Inc.
Multi-Bank Securities, Inc.
Penserra Securities LLC
R. Seelaus & Co., LLC
Samuel A. Ramirez & Company, Inc.
Siebert Williams
Shank & Co., LLC
Stern Brothers & Co.
Telsey Advisory Group LLC
Tribal Capital Markets,
LLC
|
6
$4,500,000,000 5.150% Senior Notes due 2030
Summary of Final Terms
Dated April 30, 2020
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|
Issuer
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The Boeing Company
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|
|
Principal Amount
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$4,500,000,000
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|
|
Trade Date
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April 30, 2020
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|
|
Settlement Date (T+2)
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May 4, 2020
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|
|
Maturity Date
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May 1, 2030
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Treasury Benchmark
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UST 1.500% due February 15, 2030
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Treasury Price / Yield
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108-01+ / 0.650%
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Spread to Treasury
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+450 bps
|
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Reoffer Yield
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5.150%
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|
|
Price to Public1
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100.000%
|
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Gross Fee Spread
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0.450%
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Coupon (Interest Rate)
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5.150%
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Interest Payment Dates
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May 1 and November 1
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First Interest Payment Date
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November 1, 2020
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|
Call Provision
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|
MWC @ T+50 bps at any time prior to February 1, 2030 (three months prior to maturity); par call at any time on or after February 1, 2030
|
|
|
CUSIP / ISIN
|
|
097023 CY9 / US097023CY98
|
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|
Joint Book-Running Managers
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|
Citigroup Global Markets Inc.
BofA Securities,
Inc.
J.P. Morgan Securities LLC
Wells Fargo Securities,
LLC
BNP Paribas Securities Corp.
Deutsche Bank Securities
Inc.
Goldman Sachs & Co. LLC
Mizuho Securities USA
LLC
Morgan Stanley & Co. LLC
RBC Capital Markets,
LLC
SMBC Nikko Securities America, Inc.
|
|
|
Senior Co-Managers
|
|
BBVA Securities Inc.
Commerz Markets LLC
Credit Agricole Securities (USA) Inc.
Credit Suisse Securities
(USA) LLC
MUFG Securities Americas Inc.
Santander Investment
Securities Inc.
SG Americas Securities, LLC
|
7
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|
|
Co-Managers
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|
ANZ Securities, Inc.
Banca IMI S.p.A.
Barclays Capital Inc.
ICBC Standard Bank Plc2
Lloyds Securities Inc.
PNC Capital Markets LLC
Standard Chartered Bank3
SunTrust Robinson Humphrey, Inc.
U.S. Bancorp Investments, Inc.
Westpac Capital Markets
LLC
|
|
|
Junior Co-Managers
|
|
Academy Securities, Inc.
Loop Capital Markets
LLC
R. Seelaus & Co., LLC
Siebert Williams
Shank & Co., LLC
|
8
$3,000,000,000 5.705% Senior Notes due 2040
Summary of Final Terms
Dated April 30, 2020
|
|
|
Issuer
|
|
The Boeing Company
|
|
|
Principal Amount
|
|
$3,000,000,000
|
|
|
Trade Date
|
|
April 30, 2020
|
|
|
Settlement Date (T+2)
|
|
May 4, 2020
|
|
|
Maturity Date
|
|
May 1, 2040
|
|
|
Treasury Benchmark
|
|
UST 2.375% due November 15, 2049
|
|
|
Treasury Price / Yield
|
|
126-05 / 1.305%
|
|
|
Spread to Treasury
|
|
+440 bps
|
|
|
Reoffer Yield
|
|
5.705%
|
|
|
Price to Public1
|
|
100.000%
|
|
|
Gross Fee Spread
|
|
0.750%
|
|
|
Coupon (Interest Rate)
|
|
5.705%
|
|
|
Interest Payment Dates
|
|
May 1 and November 1
|
|
|
First Interest Payment Date
|
|
November 1, 2020
|
|
|
Call Provision
|
|
MWC @ T+50 bps at any time prior to November 1, 2039 (six months prior to maturity); par call at any time on or after November 1, 2039
|
|
|
CUSIP / ISIN
|
|
097023 CV5 / US097023CV59
|
|
|
Joint Book-Running Managers
|
|
Citigroup Global Markets Inc.
BofA Securities,
Inc.
J.P. Morgan Securities LLC
Wells Fargo Securities,
LLC
BNP Paribas Securities Corp.
Deutsche Bank Securities
Inc.
Goldman Sachs & Co. LLC
Mizuho Securities USA
LLC
Morgan Stanley & Co. LLC
RBC Capital Markets,
LLC
SMBC Nikko Securities America, Inc.
|
|
|
Senior Co-Managers
|
|
BBVA Securities Inc.
Commerz Markets LLC
Credit Agricole Securities (USA) Inc.
Credit Suisse Securities
(USA) LLC
MUFG Securities Americas Inc.
Santander Investment
Securities Inc.
SG Americas Securities, LLC
|
9
|
|
|
|
|
Co-Managers
|
|
ANZ Securities, Inc.
Banca IMI S.p.A.
Barclays Capital Inc.
ICBC Standard Bank Plc2
Lloyds Securities Inc.
PNC Capital Markets LLC
Standard Chartered Bank3
SunTrust Robinson Humphrey, Inc.
U.S. Bancorp Investments, Inc.
Westpac Capital Markets
LLC
|
|
|
Junior Co-Managers
|
|
Academy Securities, Inc.
Loop Capital Markets
LLC
R. Seelaus & Co., LLC
Siebert Williams
Shank & Co., LLC
|
10
$5,500,000,000 5.805% Senior Notes due 2050
Summary of Final Terms
Dated April 30, 2020
|
|
|
Issuer
|
|
The Boeing Company
|
|
|
Principal Amount
|
|
$5,500,000,000
|
|
|
Trade Date
|
|
April 30, 2020
|
|
|
Settlement Date (T+2)
|
|
May 4, 2020
|
|
|
Maturity Date
|
|
May 1, 2050
|
|
|
Treasury Benchmark
|
|
UST 2.375% due November 15, 2049
|
|
|
Treasury Price / Yield
|
|
126-05 / 1.305%
|
|
|
Spread to Treasury
|
|
+450 bps
|
|
|
Reoffer Yield
|
|
5.805%
|
|
|
Price to Public1
|
|
100.000%
|
|
|
Gross Fee Spread
|
|
0.875%
|
|
|
Coupon (Interest Rate)
|
|
5.805%
|
|
|
Interest Payment Dates
|
|
May 1 and November 1
|
|
|
First Interest Payment Date
|
|
November 1, 2020
|
|
|
Call Provision
|
|
MWC @ T+50 bps at any time prior to November 1, 2049 (six months prior to maturity); par call at any time on or after November 1, 2049
|
|
|
CUSIP / ISIN
|
|
097023 CW3 / US097023CW33
|
|
|
Joint Book-Running Managers
|
|
Citigroup Global Markets Inc.
BofA Securities,
Inc.
J.P. Morgan Securities LLC
Wells Fargo Securities,
LLC
BNP Paribas Securities Corp.
Deutsche Bank Securities
Inc.
Goldman Sachs & Co. LLC
Mizuho Securities USA
LLC
Morgan Stanley & Co. LLC
RBC Capital Markets,
LLC
SMBC Nikko Securities America, Inc.
|
|
|
Senior Co-Managers
|
|
BBVA Securities Inc.
Commerz Markets LLC
Credit Agricole Securities (USA) Inc.
Credit Suisse Securities
(USA) LLC
MUFG Securities Americas Inc.
Santander Investment
Securities Inc.
SG Americas Securities, LLC
|
11
|
|
|
|
|
Co-Managers
|
|
ANZ Securities, Inc.
Banca IMI S.p.A.
Barclays Capital Inc.
ICBC Standard Bank Plc2
Lloyds Securities Inc.
PNC Capital Markets LLC
Standard Chartered Bank3
SunTrust Robinson Humphrey, Inc.
U.S. Bancorp Investments, Inc.
Westpac Capital Markets
LLC
|
|
|
Junior Co-Managers
|
|
Academy Securities, Inc.
Loop Capital Markets
LLC
Siebert Williams Shank & Co., LLC
|
12
$3,500,000,000 5.930% Senior Notes due 2060
Summary of Final Terms
Dated April 30, 2020
|
|
|
Issuer
|
|
The Boeing Company
|
|
|
Principal Amount
|
|
$3,500,000,000
|
|
|
Trade Date
|
|
April 30, 2020
|
|
|
Settlement Date (T+2)
|
|
May 4, 2020
|
|
|
Maturity Date
|
|
May 1, 2060
|
|
|
Treasury Benchmark
|
|
UST 2.375% due November 15, 2049
|
|
|
Treasury Price / Yield
|
|
126-05 / 1.305%
|
|
|
Spread to Treasury
|
|
+462.5 bps
|
|
|
Reoffer Yield
|
|
5.930%
|
|
|
Price to Public1
|
|
100.000%
|
|
|
Gross Fee Spread
|
|
0.925%
|
|
|
Coupon (Interest Rate)
|
|
5.930%
|
|
|
Interest Payment Dates
|
|
May 1 and November 1
|
|
|
First Interest Payment Date
|
|
November 1, 2020
|
|
|
Call Provision
|
|
MWC @ T+50 bps at any time prior to November 1, 2059 (six months prior to maturity); par call at any time on or after November 1, 2059
|
|
|
CUSIP / ISIN
|
|
097023 CX1 / US097023CX16
|
|
|
Joint Book-Running Managers
|
|
Citigroup Global Markets Inc.
BofA Securities,
Inc.
J.P. Morgan Securities LLC
Wells Fargo Securities,
LLC
BNP Paribas Securities Corp.
Deutsche Bank Securities
Inc.
Goldman Sachs & Co. LLC
Mizuho Securities USA
LLC
Morgan Stanley & Co. LLC
RBC Capital Markets,
LLC
SMBC Nikko Securities America, Inc.
|
|
|
Senior Co-Managers
|
|
Commerz Markets LLC
Credit Agricole Securities
(USA) Inc.
|
13
|
|
|
|
|
Co-Managers
|
|
ANZ Securities, Inc.
Banca IMI S.p.A.
Barclays Capital Inc.
Standard Chartered Bank3
Westpac Capital Markets LLC
|
Notes:
|
1
|
Plus accrued interest, if any, from May 4, 2020.
|
|
2
|
ICBC Standard Bank Plc is restricted in its U.S. securities dealings under the United States Bank Holding
Company Act and may not underwrite, subscribe, agree to purchase or procure purchasers to purchase notes that are offered or sold in the United States. Accordingly, ICBC Standard Bank Plc shall not be obligated to, and shall not, underwrite,
subscribe, agree to purchase or procure purchasers to purchase notes that may be offered or sold by other underwriters in the United States. ICBC Standard Bank Plc shall offer and sell the Securities constituting part of its allotment solely outside
the United States.
|
|
3
|
Standard Chartered Bank will not effect any offers or sales of any notes in the United States unless it is
through one or more U.S. registered broker-dealers as permitted by the regulations of FINRA.
|
The issuer has filed a registration
statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more
complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange
to send you the prospectus if you request it by calling Citigroup Global Markets Inc. toll-free at 1-800-831-9146, BofA
Securities, Inc. at 1-800-294-1322, J.P. Morgan Securities LLC at
1-212-834-4533 and Wells Fargo Securities, LLC at 1-800-645-3751.
14
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