Filed Pursuant to Rule 433 under the Securities Act of 1933
Registration Statement No. 333-219630
Issuer Free Writing Prospectus, dated February 21, 2018
The Boeing Company
Final Term Sheet
$350,000,000 2.800% Senior Notes due 2023
Summary of Final Terms
Dated February 21, 2018
| Issuer |
The Boeing Company | |
| Principal Amount |
$350,000,000 | |
| Trade Date |
February 21, 2018 | |
| Settlement Date (T+2) |
February 23, 2018 | |
| Maturity Date |
March 1, 2023 | |
| Treasury Benchmark |
2.375% due January 31, 2023 | |
| Treasury Price / Yield |
98-20+ / 2.670% | |
| Spread to Treasury |
+38 bps | |
| Reoffer Yield |
3.050% | |
| Price to Public1 |
98.844% | |
| Gross Fee Spread |
0.350% | |
| Coupon (Interest Rate) |
2.800% | |
| Interest Payment Dates |
March 1 and September 1 | |
| First Interest Payment Date |
September 1, 2018 (long first coupon) | |
| Call Provision |
MWC @ T+10 bps at any time prior to February 1, 2023 (one month prior to maturity); par call at any time on or after February 1, 2023 | |
| CUSIP / ISIN |
097023BW4 / US097023BW42 | |
| Joint Book-Running Managers |
Goldman Sachs & Co. LLC Citigroup Global Markets Inc. J.P. Morgan Securities LLC BNP Paribas Securities Corp. Morgan Stanley & Co. LLC RBC Capital Markets, LLC | |
| Senior Co-Managers |
Barclays Capital Inc. BBVA Securities Inc. Commerz Markets LLC Credit Agricole Securities (USA) Inc. Credit Suisse Securities (USA) LLC Deutsche Bank Securities Inc. ICBC Standard Bank plc 2 Lloyds Securities Inc. Merrill Lynch, Pierce, Fenner & Smith Incorporated Mizuho Securities USA LLC MUFG Securities Americas Inc. Santander Investment Securities Inc. SG Americas Securities, LLC SMBC Nikko Securities America, Inc. U.S. Bancorp Investments, Inc. Wells Fargo Securities, LLC | |
| Co-Managers |
ANZ Securities, Inc. BNY Mellon Capital Markets, LLC Standard Chartered Bank 3 SunTrust Robinson Humphrey, Inc. Westpac Capital Markets, LLC | |
| Junior Co-Managers |
Academy Securities Inc. Apto Partners, LLC Great Pacific Securities Loop Capital Markets LLC MFR Securities The Williams Capital Group, L.P. | |
Notes:
| 1 | Plus accrued interest, if any, from February 23, 2018. |
| 2 | 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. |
| 3 | 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. |
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 Goldman Sachs & Co. LLC toll-free at 1-866-471-2526, Citigroup Global Markets Inc. toll-free at 1-800-831-9146 and J.P. Morgan Securities LLC at 1-212-834-4533.
$350,000,000 3.250% Senior Notes due 2028
Summary of Final Terms
Dated February 21, 2018
| Issuer |
The Boeing Company | |
| Principal Amount |
$350,000,000 | |
| Trade Date |
February 21, 2018 | |
| Settlement Date (T+2) |
February 23, 2018 | |
| Maturity Date |
March 1, 2028 | |
| Treasury Benchmark |
2.750% due February 15, 2028 | |
| Treasury Price / Yield |
98-14+ / 2.930% | |
| Spread to Treasury |
+58 bps | |
| Reoffer Yield |
3.510% | |
| Price to Public 1 |
97.818% | |
| Gross Fee Spread |
0.450% | |
| Coupon (Interest Rate) |
3.250% | |
| Interest Payment Dates |
March 1 and September 1 | |
| First Interest Payment Date |
September 1, 2018 (long first coupon) | |
| Call Provision |
MWC @ T+10 bps at any time prior to December 1, 2027 (three months prior to maturity); par call at any time on or after December 1, 2027 | |
| CUSIP / ISIN |
097023BX2 / US097023BX25 | |
| Joint Book-Running Managers |
Goldman Sachs & Co. LLC Barclays Capital Inc. Merrill Lynch, Pierce, Fenner & Smith Incorporated BBVA Securities Inc. Credit Suisse Securities (USA) LLC Santander Investment Securities Inc. | |
| Senior Co-Managers |
BNP Paribas Securities Corp. Citigroup Global Markets Inc. Commerz Markets LLC Credit Agricole Securities (USA) Inc. Deutsche Bank Securities Inc. ICBC Standard Bank plc 2 J.P. Morgan Securities LLC Lloyds Securities Inc. Mizuho Securities USA LLC Morgan Stanley & Co. LLC MUFG Securities Americas Inc. RBC Capital Markets, LLC SG Americas Securities, LLC SMBC Nikko Securities America, Inc. U.S. Bancorp Investments, Inc. Wells Fargo Securities, LLC | |
| Co-Managers |
ANZ Securities, Inc. BNY Mellon Capital Markets, LLC Standard Chartered Bank 3 SunTrust Robinson Humphrey, Inc. Westpac Capital Markets, LLC | |
| Junior Co-Managers |
Academy Securities Inc. Guzman & Company Loop Capital Markets LLC Penserra Securities LLC Siebert Cisneros Shank & Co., L.L.C. Tribal Capital Markets, LLC The Williams Capital Group, L.P. | |
Notes:
| 1 | Plus accrued interest, if any, from February 23, 2018. |
| 2 | 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. |
| 3 | 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. |
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 Goldman Sachs & Co. LLC toll-free at 1-866-471-2526, Barclays Capital Inc. toll-free at 1-888-603-5847 and Merrill Lynch, Pierce, Fenner & Smith Incorporated toll-free at 1-800-294-1322.
$350,000,000 3.550% Senior Notes due 2038
Summary of Final Terms
Dated February 21, 2018
| Issuer |
The Boeing Company | |
| Principal Amount |
$350,000,000 | |
| Trade Date |
February 21, 2018 | |
| Settlement Date (T+2) |
February 23, 2018 | |
| Maturity Date |
March 1, 2038 | |
| Treasury Benchmark |
2.750% due November 15, 2047 | |
| Treasury Price / Yield |
91-06 / 3.212% | |
| Spread to Treasury |
+68 bps | |
| Reoffer Yield |
3.892% | |
| Price to Public 1 |
95.273% | |
| Gross Fee Spread |
0.750% | |
| Coupon (Interest Rate) |
3.550% | |
| Interest Payment Dates |
March 1 and September 1 | |
| First Interest Payment Date |
September 1, 2018 (long first coupon) | |
| Call Provision |
MWC @ T+15 bps at any time prior to September 1, 2037 (six months prior to maturity); par call at any time on or after September 1, 2037 | |
| CUSIP / ISIN |
097023BY0 / US097023BY08 | |
| Joint Book-Running Managers |
Goldman Sachs & Co. LLC SMBC Nikko Securities America, Inc. Wells Fargo Securities, LLC Credit Agricole Securities (USA) Inc. Lloyds Securities Inc. U.S. Bancorp Investments, Inc. | |
| Senior Co-Managers |
Barclays Capital Inc. BBVA Securities Inc. BNP Paribas Securities Corp. Citigroup Global Markets Inc. Commerz Markets LLC Credit Suisse Securities (USA) LLC Deutsche Bank Securities Inc. ICBC Standard Bank plc 2 J.P. Morgan Securities LLC Merrill Lynch, Pierce, Fenner & Smith Incorporated Mizuho Securities USA LLC Morgan Stanley & Co. LLC MUFG Securities Americas Inc. RBC Capital Markets, LLC Santander Investment Securities Inc. SG Americas Securities, LLC | |
| Co-Managers |
ANZ Securities, Inc. BNY Mellon Capital Markets, LLC Standard Chartered Bank 3 SunTrust Robinson Humphrey, Inc. Westpac Capital Markets, LLC | |
| Junior Co-Managers |
Academy Securities Inc. Blaylock Van, LLC CastleOak Securities C.L. King & Associates, Inc. Loop Capital Markets LLC Samuel A. Ramirez & Company, Inc. The Williams Capital Group, L.P. | |
Notes:
| 1 | Plus accrued interest, if any, from February 23, 2018. |
| 2 | 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. |
| 3 | 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. |
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 Goldman Sachs & Co. LLC toll-free at 1-866-471-2526, SMBC Nikko Securities America, Inc. toll-free at 1-888-868-6856 and Wells Fargo Securities, LLC toll-free at 1-800-645-3751.
$350,000,000 3.625% Senior Notes due 2048
Summary of Final Terms
Dated February 21, 2018
| Issuer |
The Boeing Company | |
| Principal Amount |
$350,000,000 | |
| Trade Date |
February 21, 2018 | |
| Settlement Date (T+2) |
February 23, 2018 | |
| Maturity Date |
March 1, 2048 | |
| Treasury Benchmark |
2.750% due November 15, 2047 | |
| Treasury Price / Yield |
91-06 / 3.212% | |
| Spread to Treasury |
+83 bps | |
| Reoffer Yield |
4.042% | |
| Price to Public 1 |
92.785% | |
| Gross Fee Spread |
0.875% | |
| Coupon (Interest Rate) |
3.625% | |
| Interest Payment Dates |
March 1 and September 1 | |
| First Interest Payment Date |
September 1, 2018 (long first coupon) | |
| Call Provision |
MWC @ T+15 bps at any time prior to September 1, 2047 (six months prior to maturity); par call at any time on or after September 1, 2047 | |
| CUSIP / ISIN |
097023BZ7 / US097023BZ72 | |
| Joint Book-Running Managers |
Goldman Sachs & Co. LLC Deutsche Bank Securities Inc. Mizuho Securities USA LLC Commerz Markets LLC MUFG Securities Americas Inc. SG Americas Securities, LLC | |
| Senior Co-Managers |
Barclays Capital Inc. BBVA Securities Inc. BNP Paribas Securities Corp. Citigroup Global Markets Inc. Credit Agricole Securities (USA) Inc. Credit Suisse Securities (USA) LLC ICBC Standard Bank plc 2 J.P. Morgan Securities LLC Lloyds Securities Inc. Merrill Lynch, Pierce, Fenner & Smith Incorporated Morgan Stanley & Co. LLC RBC Capital Markets, LLC Santander Investment Securities Inc. SMBC Nikko Securities America, Inc. U.S. Bancorp Investments, Inc. Wells Fargo Securities, LLC | |
| Co-Managers |
ANZ Securities, Inc. BNY Mellon Capital Markets, LLC Standard Chartered Bank 3 SunTrust Robinson Humphrey, Inc. Westpac Capital Markets, LLC | |
| Junior Co-Managers |
Academy Securities Inc. Drexel Hamilton, LLC Loop Capital Markets LLC Multi-Bank Securities, Inc. Mischler Financial Group, Inc. Telsey Advisory Group LLC The Williams Capital Group, L.P. | |
Notes:
| 1 | Plus accrued interest, if any, from February 23, 2018. |
| 2 | 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. |
| 3 | 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. |
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 Goldman Sachs & Co. LLC toll-free at 1-866-471-2526, Deutsche Bank Securities Inc. toll-free at 1-800-503-4611 and Mizuho Securities USA LLC toll-free at 1-866-271-7403.