Filed Pursuant to Rule 433 under the Securities Act of 1933
Registration Statement No. 333-240300
Issuer Free Writing Prospectus, dated October 29, 2020
The Boeing Company
Final Term Sheet
$1,000,000,000 1.950% Senior Notes due 2024
Summary of Final Terms
Dated October 29, 2020
Issuer | The Boeing Company | |
Principal Amount | $1,000,000,000 | |
Trade Date | October 29, 2020 | |
Settlement Date (T+2) | November 2, 2020 | |
Maturity Date | February 1, 2024 | |
Treasury Benchmark | UST 0.125% due October 15, 2023 | |
Treasury Price / Yield | 99-25+ / 0.194% | |
Spread to Treasury | +180 bps | |
Reoffer Yield | 1.994% | |
Price to Public1 | 99.864% | |
Gross Fee Spread | 0.250% | |
Coupon (Interest Rate) | 1.950% | |
Interest Payment Dates | February 1 and August 1 | |
First Interest Payment Date | February 1, 2021 (short first coupon) | |
Call Provision | MWC @ T+30 bps at any time prior to maturity | |
CUSIP / ISIN | 097023 CZ6 / US097023CZ63 | |
Joint Book-Running Managers | Wells Fargo Securities, LLC BNP Paribas Securities Corp. Deutsche Bank Securities Inc. Mizuho Securities USA LLC RBC Capital Markets, LLC SMBC Nikko Securities America, Inc. BofA Securities, Inc. Citigroup Global Markets Inc. Credit Agricole Securities (USA) Inc. Goldman Sachs & Co. LLC J.P. Morgan Securities LLC Morgan Stanley & Co. LLC | |
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Senior Co-Managers | Barclays Capital Inc. BBVA Securities Inc. Commerz Markets LLC Credit Suisse Securities (USA) LLC Lloyds Securities Inc. MUFG Securities Americas Inc. PNC Capital Markets LLC Santander Investment Securities Inc. SG Americas Securities, LLC Standard Chartered Bank2 | |
Co-Managers | ANZ Securities, Inc. ICBC Standard Bank Plc3 Intesa Sanpaolo S.p.A. Truist Securities, 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 C.L. King & Associates, Inc. Cabrera Capital Markets LLC CastleOak Securities, L.P. 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 | |
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$1,400,000,000 2.750% Senior Notes due 2026
Summary of Final Terms
Dated October 29, 2020
Issuer | The Boeing Company | |
Principal Amount | $1,400,000,000 | |
Trade Date | October 29, 2020 | |
Settlement Date (T+2) | November 2, 2020 | |
Maturity Date | February 1, 2026 | |
Treasury Benchmark | UST 0.25% due September 30, 2025 | |
Treasury Price / Yield | 99-13 3⁄4 / 0.367% | |
Spread to Treasury | +240 bps | |
Reoffer Yield | 2.767% | |
Price to Public1 | 99.920% | |
Gross Fee Spread | 0.350% | |
Coupon (Interest Rate) | 2.750% | |
Interest Payment Dates | February 1 and August 1 | |
First Interest Payment Date | February 1, 2021 (short first coupon) | |
Call Provision | MWC @ T+40 bps at any time prior to January 1, 2026 (one month prior to maturity); par call at any time on or after January 1, 2026 | |
CUSIP / ISIN | 097023 DA0 / US097023DA04 | |
Joint Book-Running Managers | Wells Fargo Securities, LLC BNP Paribas Securities Corp. Deutsche Bank Securities Inc. Mizuho Securities USA LLC RBC Capital Markets, LLC SMBC Nikko Securities America, Inc. BofA Securities, Inc. Citigroup Global Markets Inc. Credit Agricole Securities (USA) Inc. Goldman Sachs & Co. LLC J.P. Morgan Securities LLC Morgan Stanley & Co. LLC | |
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Senior Co-Managers | Barclays Capital Inc. BBVA Securities Inc. Commerz Markets LLC Credit Suisse Securities (USA) LLC Lloyds Securities Inc. MUFG Securities Americas Inc. PNC Capital Markets LLC Santander Investment Securities Inc. SG Americas Securities, LLC Standard Chartered Bank2 | |
Co-Managers | ANZ Securities, Inc. ICBC Standard Bank Plc3 Intesa Sanpaolo S.p.A. Truist Securities, 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 C.L. King & Associates, Inc. Cabrera Capital Markets LLC CastleOak Securities, L.P. 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 | |
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$1,100,000,000 3.250% Senior Notes due 2028
Summary of Final Terms
Dated October 29, 2020
Issuer | The Boeing Company | |
Principal Amount | $1,100,000,000 | |
Trade Date | October 29, 2020 | |
Settlement Date (T+2) | November 2, 2020 | |
Maturity Date | February 1, 2028 | |
Treasury Benchmark | UST 0.375% due September 30, 2027 | |
Treasury Price / Yield | 98-14+ / 0.604% | |
Spread to Treasury | +265 bps | |
Reoffer Yield | 3.254% | |
Price to Public1 | 99.978% | |
Gross Fee Spread | 0.400% | |
Coupon (Interest Rate) | 3.250% | |
Interest Payment Dates | February 1 and August 1 | |
First Interest Payment Date | February 1, 2021 (short first coupon) | |
Call Provision | MWC @ T+40 bps at any time prior to December 1, 2027 (two months prior to maturity); par call at any time on or after December 1, 2027 | |
CUSIP / ISIN | 097023 DB8 / US097023DB86 | |
Joint Book-Running Managers | Wells Fargo Securities, LLC BNP Paribas Securities Corp. Deutsche Bank Securities Inc. Mizuho Securities USA LLC RBC Capital Markets, LLC SMBC Nikko Securities America, Inc. BofA Securities, Inc. Citigroup Global Markets Inc. Commerz Markets LLC Goldman Sachs & Co. LLC J.P. Morgan Securities LLC Morgan Stanley & Co. LLC | |
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Senior Co-Managers | Barclays Capital Inc. BBVA Securities Inc. Credit Agricole Securities (USA) Inc. Credit Suisse Securities (USA) LLC Lloyds Securities Inc. MUFG Securities Americas Inc. PNC Capital Markets LLC Santander Investment Securities Inc. SG Americas Securities, LLC Standard Chartered Bank2 | |
Co-Managers | ANZ Securities, Inc. ICBC Standard Bank Plc3 Intesa Sanpaolo S.p.A. Truist Securities, 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 | |
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$1,400,000,000 3.625% Senior Notes due 2031
Summary of Final Terms
Dated October 29, 2020
Issuer | The Boeing Company | |
Principal Amount | $1,400,000,000 | |
Trade Date | October 29, 2020 | |
Settlement Date (T+2) | November 2, 2020 | |
Maturity Date | February 1, 2031 | |
Treasury Benchmark | UST 0.625% due August 15, 2030 | |
Treasury Price / Yield | 98-01+ / 0.833% | |
Spread to Treasury | +280 bps | |
Reoffer Yield | 3.633% | |
Price to Public1 | 99.936% | |
Gross Fee Spread | 0.450% | |
Coupon (Interest Rate) | 3.625% | |
Interest Payment Dates | February 1 and August 1 | |
First Interest Payment Date | February 1, 2021 (short first coupon) | |
Call Provision | MWC @ T+45 bps at any time prior to November 1, 2030 (three months prior to maturity); par call at any time on or after November 1, 2030 | |
CUSIP / ISIN | 097023 DC6 / US097023DC69 | |
Joint Book-Running Managers | Wells Fargo Securities, LLC BNP Paribas Securities Corp. Deutsche Bank Securities Inc. Mizuho Securities USA LLC RBC Capital Markets, LLC SMBC Nikko Securities America, Inc. Citigroup Global Markets Inc. Goldman Sachs & Co. LLC J.P. Morgan Securities LLC Morgan Stanley & Co. LLC MUFG Securities Americas Inc. | |
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Senior Co-Managers | Barclays Capital Inc. BBVA Securities Inc. Commerz Markets LLC Credit Agricole Securities (USA) Inc. Credit Suisse Securities (USA) LLC Lloyds Securities Inc. PNC Capital Markets LLC Santander Investment Securities Inc. SG Americas Securities, LLC Standard Chartered Bank2 | |
Co-Managers | ANZ Securities, Inc. ICBC Standard Bank Plc3 Intesa Sanpaolo S.p.A. Truist Securities, 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 | |
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Notes:
| 1 | Plus accrued interest, if any, from November 2, 2020. |
| 2 | 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.. |
| 3 | 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 |
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 Wells Fargo Securities, LLC at 1-800-645-3751, BNP Paribas Securities Corp. at 1-800-854-5674, Deutsche Bank Securities Inc. at 1-800-503-4611, Mizuho Securities USA LLC at 1-866-271-7403, RBC Capital Markets, LLC at 1-866-375-6829 and SMBC Nikko Securities America, Inc. at 1-888-868-6856.
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