Boeing intends to price $1.5 billion of notes in four tranches

By Devika Patel

Knoxville, Tenn., Feb. 13 – Boeing Co. plans to price $1.5 billion of senior notes in four parts, according to a 424B3 filing with the Securities and Exchange Commission.

The notes will be sold in fixed-rate tranches due in 2024, 2029, 2039 and 2059.

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

BofA Merrill Lynch, Citigroup Global Markets Inc., J.P. Morgan Securities LLC, BBVA Securities Inc., Lloyds Securities, Morgan Stanley & Co. LLC and U.S. Bancorp Investments Inc. are the bookrunners for the 2024 notes.

BofA Merrill Lynch, Goldman Sachs & Co. LLC, MUFG, Commerzbank Capital Markets Corp., Credit Agricole CIB, SG Americas Securities LLC and SunTrust Robinson Humphrey Inc. are the bookrunners for the 2029 notes.

BofA Merrill Lynch, SMBC Nikko, Wells Fargo Securities LLC, Barclays, BNP Paribas Securities Corp., RBC Capital Markets LLC and Santander Investment Securities Inc. are the bookrunners for the 2039 notes.

BofA Merrill Lynch, Credit Suisse Securities (USA) LLC, Mizuho Securities USA Inc., Barclays, BNP Paribas Securities, Deutsche Bank Securities Inc. and RBC Capital Markets are the bookrunners for the 2059 notes.

Proceeds will be used for general corporate purposes.

Boeing is a Chicago-based aerospace company.

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