Boeing intends to conduct $700 million two-tranche offering of notes

By Devika Patel

Knoxville, Tenn., Oct. 29 – Boeing Co. plans to price $700 million of senior notes in two parts, according to a 424B3 filed with the Securities and Exchange Commission.

The notes will be sold in two fixed-rate tranches due in 2028 and 2048.

Both series of notes will feature a make-whole call and then a par call.

Morgan Stanley & Co. LLC, BofA Merrill Lynch, Wells Fargo Securities LLC, Mizuho Securities USA Inc., MUFG and SMBC Nikko are the bookrunners for the 2028 notes.

Morgan Stanley & Co. LLC, Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc. and Goldman Sachs & Co. LLC 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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