Free Writing Prospectus

Filed Pursuant to Rule 433 under the Securities Act of 1933

Registration Statement No. 333-157790

Issuer Free Writing Prospectus, dated November 17, 2009

$1,200,000,000

Senior Notes Offering

Summary of Final Terms

Dated November 17, 2009

 

     

1.875% Senior Notes due

2012

  

3.750% Senior Notes due

2016

Issuer

   The Boeing Company    The Boeing Company

Rating (Moody’s, S&P, Fitch) ¹

  

A2 / A / A+

(negative / stable / negative)

  

A2 / A / A+

(negative / stable / negative)

Principal Amount

   $700,000,000    $500,000,000

Trade Date

   11/17/2009    11/17/2009

Settlement Date (T+3)

   11/20/2009    11/20/2009

Maturity Date

   11/20/2012    11/20/2016

Treasury Benchmark

   1.375% due 11/15/2012    3.125% due 10/31/2016

Treasury Price / Yield

   100-08  3/4 / 1.282%    101-20 / 2.865%

Spread to Treasury

   80 bps    115 bps

Reoffer Yield

   2.082%    4.015%

Coupon (Interest Rate)

   1.875%    3.750%

Price to Public ²

   99.401%    98.397%

Gross Fee Spread

   0.250%    0.400%

Coupon Payment Dates

   05/20, 11/20    05/20, 11/20

1st Coupon Payment

   5/20/2010    5/20/2010

Call Provision

   MWC @ T + 15 bps    MWC @ T + 25 bps

CUSIP / ISIN

   097023 BB0 / US097023BB05    097023 BC8 / US097023BC87

Notes:

  1 A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
  2 Plus accrued interest, if any, from November 20, 2009

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 Barclays Capital Inc. toll-free at 1-888-603-5847, Citigroup Global Markets Inc. toll-free at 1-877-858-5407 or RBS Securities Inc. toll-free at 1-866-884-2071.