Boeing has secured two credit facilities from lenders, Citibank and JPMorgan, for a total of $3.8 billion. This financing replaces the US manufacturer’s existing $5.8 billion, 364-day revolving credit agreement, which was scheduled to terminate on August 24, 2023. Boeing has secured one 365-day $800 million revolving credit agreement and a separate $3bn five-year revolver, both with Citibank and JPMorgan as joint lead arrangers and joint book managers. For the 365-day revolver, Boeing will pay a fee of between 0.125% and 0.3% annually, and SOFR + between 1.250% and 1.7% per annum, both are linked to Boeing’s credit rating. The

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In