Boeing preps $850 million of notes in three parts; pricing Tuesday

By Aleesia Forni

Virginia Beach, Oct. 28 – The Boeing Co. announced plans on Tuesday to price $850 million of senior notes in three tranches, according to a market source and a 424B3 filed with the Securities and Exchange Commission.

Pricing is expected on Tuesday.

The sale is expected to include floating-rate notes due 2017, as well as fixed-rate notes due 2021 and 2024.

Proceeds will be used for general corporate purposes.

The bookrunners for the three-year floaters are Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Goldman Sachs & Co., BBVA Securities Inc., Credit Agricole CIB and SMBC Nikko.

The bookrunners for the notes due 2021 are Citigroup Global Markets Inc., BofA Merrill Lynch, Morgan Stanley & Co. LLC, Barclays, MUFG and Wells Fargo Securities LLC.

The bookrunners for the notes due 2024 are Citigroup Global Markets Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, BNP Paribas Securities Corp., Mizuho Securities USA Inc. and RBS Securities Inc.

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.