Filed Pursuant to Rule 433 under the Securities Act of 1933
Registration Statement No. 333-219630
Issuer Free Writing Prospectus, dated February 13, 2019
The Boeing Company
Final Term Sheet
$400,000,000 2.800% Senior Notes due 2024
Summary of Final Terms
Dated February 13, 2019
| Issuer | The Boeing Company | |
| Principal Amount | $400,000,000 | |
| Trade Date | February 13, 2019 | |
| Settlement Date (T+2) | February 15, 2019 | |
| Maturity Date | March 1, 2024 | |
| Treasury Benchmark | 2.500 % due January 31, 2024 | |
| Treasury Price / Yield | 99-28 / 2.527% | |
| Spread to Treasury | +47 bps | |
| Reoffer Yield | 2.997% | |
| Price to Public1 | 99.083% | |
| Gross Fee Spread | 0.350% | |
| Coupon (Interest Rate) | 2.800% | |
| Interest Payment Dates | March 1 and September 1 | |
| First Interest Payment Date | September 1, 2019 (long first coupon) | |
| Call Provision | MWC @ T+10 bps at any time prior to February 1, 2024 (one month prior to maturity); par call at any time on or after February 1, 2024 | |
| CUSIP / ISIN | 097023CC7 / US097023CC78 | |
| Joint Book-Running Managers | Merrill Lynch, Pierce, Fenner & Smith Incorporated Citigroup Global Markets Inc. J.P. Morgan Securities LLC BBVA Securities Inc. Lloyds Securities Inc. Morgan Stanley & Co. LLC U.S. Bancorp Investments, Inc. | |
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| Senior Co-Managers | Barclays Capital Inc. BNP Paribas Securities Corp. Commerz Markets LLC Credit Agricole Securities (USA) Inc. Credit Suisse Securities (USA) LLC Deutsche Bank Securities Inc. Goldman Sachs & Co. LLC Mizuho Securities USA LLC MUFG Securities Americas Inc. RBC Capital Markets, LLC Santander Investment Securities Inc. SG Americas Securities, LLC SMBC Nikko Securities America, Inc. SunTrust Robinson Humphrey, Inc. Wells Fargo Securities, LLC ICBC Standard Bank Plc2 | |
| Co-Managers | ANZ Securities, Inc. Standard Chartered Bank Westpac Capital Markets LLC | |
| Junior Co-Managers | Academy Securities Inc. Apto Partners, LLC Cabrera Capital Markets, LLC Loop Capital Markets LLC MFR Securities, Inc. Penserra Securities LLC R. Seelaus & Co., LLC Stern Brothers Telsey Advisory Group LLC The Williams Capital Group, L.P. Tribal Capital Markets, LLC | |
Notes:
| 1 | Plus accrued interest, if any, from February 15, 2019. |
| 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 notes constituting part of its allotment solely outside the United States. |
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 Merrill Lynch, Pierce, Fenner & Smith Incorporated toll-free at 1-800-294-1322 Citigroup Global Markets Inc. toll-free at 1-800-831-9146 and J.P. Morgan Securities LLC collect at 1-212-834-4533.
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$400,000,000 3.200% Senior Notes due 2029
Summary of Final Terms
Dated February 13, 2019
| Issuer | The Boeing Company | |
| Principal Amount | $400,000,000 | |
| Trade Date | February 13, 2019 | |
| Settlement Date (T+2) | February 15, 2019 | |
| Maturity Date | March 1, 2029 | |
| Treasury Benchmark | 2.625% due February 15, 2029 | |
| Treasury Price / Yield | 99-09 / 2.708% | |
| Spread to Treasury | +67 bps | |
| Reoffer Yield | 3.378% | |
| Price to Public1 | 98.493% | |
| Gross Fee Spread | 0.450% | |
| Coupon (Interest Rate) | 3.200% | |
| Interest Payment Dates | March 1 and September 1 | |
| First Interest Payment Date | September 1, 2019 (long first coupon) | |
| Call Provision | MWC @ T+15 bps at any time prior to December 1, 2028 (three months prior to maturity); par call at any time on or after December 1, 2028 | |
| CUSIP / ISIN | 097023CD5 / US097023CD51 | |
| Joint Book-Running Managers | Merrill Lynch, Pierce, Fenner & Smith Incorporated Goldman Sachs & Co. LLC MUFG Securities Americas Inc. Commerz Markets LLC Credit Agricole Securities (USA) Inc. SG Americas Securities, LLC SunTrust Robinson Humphrey, Inc. | |
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| Senior Co-Managers | Barclays Capital Inc. BBVA Securities Inc. BNP Paribas Securities Corp. Citigroup Global Markets Inc. Credit Suisse Securities (USA) LLC Deutsche Bank Securities Inc. J.P. Morgan Securities LLC Lloyds Securities Inc. Mizuho Securities USA LLC 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 ICBC Standard Bank Plc2 | |
| Co-Managers | ANZ Securities, Inc. Standard Chartered Bank Westpac Capital Markets LLC | |
| Junior Co-Managers | Academy Securities Inc. Apto Partners, LLC Cabrera Capital Markets, LLC Loop Capital Markets LLC MFR Securities, Inc. R. Seelaus & Co., LLC Stern Brothers Tribal Capital Markets, LLC | |
Notes:
| 1 | Plus accrued interest, if any, from February 15, 2019. |
| 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 notes constituting part of its allotment solely outside the United States. |
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 Merrill Lynch, Pierce, Fenner & Smith Incorporated toll-free at 1-800-294-1322 Goldman Sachs & Co. LLC at 1-866-471-2526 or prospectus-ny@ny.email.gs.com and MUFG Securities Americas Inc. at 1-877-649-6848.
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$400,000,000 3.500% Senior Notes due 2039
Summary of Final Terms
Dated February 13, 2019
| Issuer | The Boeing Company | |
| Principal Amount | $400,000,000 | |
| Trade Date | February 13, 2019 | |
| Settlement Date (T+2) | February 15, 2019 | |
| Maturity Date | March 1, 2039 | |
| Treasury Benchmark | 3.375% due November 15, 2048 | |
| Treasury Price / Yield | 106-24 / 3.029% | |
| Spread to Treasury | +77 bps | |
| Reoffer Yield | 3.799% | |
| Price to Public1 | 95.830% | |
| Gross Fee Spread | 0.750% | |
| Coupon (Interest Rate) | 3.500% | |
| Interest Payment Dates | March 1 and September 1 | |
| First Interest Payment Date | September 1, 2019 (long first coupon) | |
| Call Provision | MWC @ T+15 bps at any time prior to September 1, 2038 (six months prior to maturity); par call at any time on or after September 1, 2038 | |
| CUSIP / ISIN | 097023CE3 / US097023CE35 | |
| Joint Book-Running Managers | Merrill Lynch, Pierce, Fenner & Smith Incorporated SMBC Nikko Securities America, Inc. Wells Fargo Securities, LLC Barclays Capital Inc. BNP Paribas Securities Corp. RBC Capital Markets, LLC Santander Investment Securities Inc. | |
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| Senior Co-Managers | BBVA Securities Inc. Citigroup Global Markets Inc. Commerz Markets LLC Credit Agricole Securities (USA) Inc. Credit Suisse Securities (USA) LLC Deutsche Bank Securities Inc. Goldman Sachs & Co. LLC J.P. Morgan Securities LLC Lloyds Securities Inc. Mizuho Securities USA LLC Morgan Stanley & Co. LLC MUFG Securities Americas Inc. SG Americas Securities, LLC SunTrust Robinson Humphrey, Inc. U.S. Bancorp Investments, Inc. ICBC Standard Bank Plc2 | |
| Co-Managers | ANZ Securities, Inc. Standard Chartered Bank Westpac Capital Markets LLC | |
| Junior Co-Managers | Academy Securities Inc. Loop Capital Markets LLC Penserra Securities LLC Telsey Advisory Group LLC The Williams Capital Group, L.P. | |
Notes:
| 1 | Plus accrued interest, if any, from February 15, 2019. |
| 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 notes constituting part of its allotment solely outside the United States. |
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 Merrill Lynch, Pierce, Fenner & Smith Incorporated toll-free at 1-800-294-1322 SMBC Nikko Securities America, Inc. at 1-212-224-5314 and Wells Fargo Securities, LLC toll-free at 1-800-645-3751 or wfscustomerservice@wellsfargo.com.
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$300,000,000 3.825% Senior Notes due 2059
Summary of Final Terms
Dated February 13, 2019
| Issuer | The Boeing Company | |
| Principal Amount | $300,000,000 | |
| Trade Date | February 13, 2019 | |
| Settlement Date (T+2) | February 15, 2019 | |
| Maturity Date | March 1, 2059 | |
| Treasury Benchmark | 3.375% due November 15, 2048 | |
| Treasury Price / Yield | 106-24 / 3.029% | |
| Spread to Treasury | +102 bps | |
| Reoffer Yield | 4.049% | |
| Price to Public1 | 95.577% | |
| Gross Fee Spread | 0.925% | |
| Coupon (Interest Rate) | 3.825% | |
| Interest Payment Dates | March 1 and September 1 | |
| First Interest Payment Date | September 1, 2019 (long first coupon) | |
| Call Provision | MWC @ T+20 bps at any time prior to September 1, 2058 (six months prior to maturity); par call at any time on or after September 1, 2058 | |
| CUSIP / ISIN | 097023CF0 / US097023CF00 | |
| Joint Book-Running Managers | Merrill Lynch, Pierce, Fenner & Smith Incorporated Credit Suisse Securities (USA) LLC Mizuho Securities USA LLC Barclays Capital Inc. BNP Paribas Securities Corp. Deutsche Bank Securities Inc. RBC Capital Markets, LLC | |
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| Senior Co-Managers | BBVA Securities Inc. Citigroup Global Markets Inc. Commerz Markets LLC Credit Agricole Securities (USA) Inc. Goldman Sachs & Co. LLC J.P. Morgan Securities LLC Lloyds Securities Inc. Morgan Stanley & Co. LLC MUFG Securities Americas Inc. Santander Investment Securities Inc. SG Americas Securities, LLC SMBC Nikko Securities America, Inc. SunTrust Robinson Humphrey, Inc. U.S. Bancorp Investments, Inc. Wells Fargo Securities, LLC ICBC Standard Bank Plc2 | |
| Co-Managers | ANZ Securities, Inc. Standard Chartered Bank Westpac Capital Markets LLC | |
| Junior Co-Managers | Academy Securities Inc. Blaylock Beal Van, LLC C.L. King & Associates, Inc. Drexel Hamilton, LLC Guzman & Company Loop Capital Markets LLC Mischler Financial Group, Inc. Multi-Bank Securities, Inc. Samuel A. Ramirez & Company, Inc. | |
Notes:
| 1 | Plus accrued interest, if any, from February 15, 2019. |
| 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 notes constituting part of its allotment solely outside the United States. |
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 Merrill Lynch, Pierce, Fenner & Smith Incorporated toll-free at 1-800-294-1322, Credit Suisse Securities (USA) LLC toll-free at 1-800-221-1037 or usa.prospectus@credit-suisse.com and Mizuho Securities USA LLC at 1-866-271-7403.
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