Boeing issues $900million senior unsecured notes

Boeing has issued $900 million of senior unsecured notes in three tranches, with maturities of 2022, 2027, and 2047. Proceeds will be used for general corporate purposes, but proceeds may be considered a partial refinancing of the approximately $400 million of debt maturing later in this year. The $300 million senior notes that nature in 2022 pay 2.125%; the $300 million 2027 notes pay 2.800%; and the $300 million 2047 notes have a coupon of 3.650%. Joint bookrunners for the 2022 notes are Citigroup, Deutsche Bank, SMBC Nikko, Credit Agricole CIB, Santander and US Bancorp. Joint bookrunners for the 2027