Boeing has successfully raised $5bn in bond and loan financing as it boosts liquidity, perhaps in anticipation of further costs/losses caused by the grounding of the 737 Max aircraft. The airframe manufacturer has issued five trances of senior unsecured notes totalling $3.5bn and a $1.5bn short-term loan. The notes are offered in five tranches: $600m three-year notes (due 2022) priced at 2.700%, which will yield 52 basis points (bps) over US Treasuries; $650m seven-year notes (due 2026) priced at 3.100% with a yield of T+75bps;$600m 10-year notes (due 2029) priced at 3.200% with a T+85bps spread; $850m notes due 2034

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