FWP

Filed Pursuant to Rule 433 under the Securities Act of 1933

Registration Statement No. 333-219630

Issuer Free Writing Prospectus, dated April 30, 2019

The Boeing Company

Final Term Sheet

$600,000,000 2.700% Senior Notes due 2022

Summary of Final Terms

Dated April 30, 2019

 

Issuer    The Boeing Company
Principal Amount    $600,000,000
Trade Date    April 30, 2019
Settlement Date (T+2)    May 2, 2019
Maturity Date    May 1, 2022
Treasury Benchmark    2.250% due April 15, 2022
Treasury Price / Yield    100-00 34 / 2.242%
Spread to Treasury    +52 bps
Reoffer Yield    2.762%
Price to Public1    99.823%
Gross Fee Spread    0.250%
Coupon (Interest Rate)    2.700%
Interest Payment Dates    May 1 and November 1
First Interest Payment Date    November 1, 2019
CUSIP / ISIN    097023CG8 / US097023CG82
Joint Book-Running Managers   

Citigroup Global Markets Inc.

Mizuho Securities USA LLC

SG Americas Securities, LLC

BBVA Securities Inc.

Commerz Markets LLC

U.S. Bancorp Investments, Inc.

Senior Co-Managers   

Barclays Capital Inc.

BNP Paribas Securities Corp.

Credit Agricole Securities (USA) Inc.

Credit Suisse Securities (USA) LLC

Deutsche Bank Securities Inc.

Goldman Sachs & Co. LLC

ICBC Standard Bank Plc2

J.P. Morgan Securities LLC

Lloyds Securities Inc.

Merrill Lynch, Pierce, Fenner & Smith

                     Incorporated

Morgan Stanley & Co. LLC

MUFG Securities Americas Inc.

RBC Capital Markets, LLC

Santander Investment Securities Inc.

SMBC Nikko Securities America, Inc.

SunTrust Robinson Humphrey, Inc.

Wells Fargo Securities, LLC

 

1


Co-Managers   

ANZ Securities, Inc.

Standard Chartered Bank3

Westpac Capital Markets LLC

Junior Co-Managers   

Cabrera Capital Markets, LLC

C.L. King & Associates, Inc.

Great Pacific Securities

Guzman & Company

Notes:

  1

Plus accrued interest, if any, from May 2, 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 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 Citigroup Global Markets Inc. toll-free at 1-800-831-9146, Mizuho Securities USA LLC at 1-866-271-7403, and SG Americas Securities, LLC at 1-855-881-2108.

 

2


$650,000,000 3.100% Senior Notes due 2026

Summary of Final Terms

Dated April 30, 2019

 

Issuer    The Boeing Company
Principal Amount    $650,000,000
Trade Date    April 30, 2019
Settlement Date (T+2)    May 2, 2019
Maturity Date    May 1, 2026
Treasury Benchmark    2.375% due April 30, 2026
Treasury Price / Yield    99-28 / 2.395%
Spread to Treasury    +75 bps
Reoffer Yield    3.145%
Price to Public1    99.719%
Gross Fee Spread    0.400%
Coupon (Interest Rate)    3.100%
Interest Payment Dates    May 1 and November 1
First Interest Payment Date    November 1, 2019
Call Provision    MWC @ T+15 bps at any time prior to March 1, 2026 (two months prior to maturity); par call at any time on or after March 1, 2026
CUSIP / ISIN    097023CH6 / US097023CH65
Joint Book-Running Managers   

Citigroup Global Markets Inc.

Credit Agricole Securities (USA) Inc.

MUFG Securities Americas Inc.

Barclays Capital Inc.

Deutsche Bank Securities Inc.

Lloyds Securities Inc.

Senior Co-Managers   

BBVA Securities Inc.

BNP Paribas Securities Corp.

Commerz Markets LLC

Credit Suisse Securities (USA) LLC

Goldman Sachs & Co. LLC

ICBC Standard Bank Plc2

J.P. Morgan Securities LLC

Merrill Lynch, Pierce, Fenner & Smith

                     Incorporated

Mizuho Securities USA LLC

Morgan Stanley & Co. LLC

RBC Capital Markets, LLC

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

 

3


Co-Managers   

ANZ Securities, Inc.

Standard Chartered Bank3

Westpac Capital Markets LLC

Junior Co-Managers   

Academy Securities Inc.

Blaylock Van, LLC

CastleOak Securities

Drexel Hamilton, LLC

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 May 2, 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 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 Citigroup Global Markets Inc. toll-free at 1-800-831-9146, Credit Agricole Securities (USA) Inc. at 1-866-807-6030, and MUFG Securities Americas Inc. at 1-877-649-6848.

 

4


$600,000,000 3.200% Senior Notes due 2029

Summary of Final Terms

Dated April 30, 2019

 

Issuer    The Boeing Company
Principal Amount    $600,000,000 (to become immediately fungible upon the Settlement Date with the outstanding 3.200% Notes due 2029 issued on February 15, 2019 in a principal amount of $400,000,000)
Trade Date    April 30, 2019
Settlement Date (T+2)    May 2, 2019
Maturity Date    March 1, 2029
Treasury Benchmark    2.625% due February 15, 2029
Treasury Price / Yield    101-00+ / 2.507%
Spread to Treasury    +85 bps
Reoffer Yield    3.357%
Price to Public1    98.690%
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
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   

Citigroup Global Markets Inc.

J.P. Morgan Securities LLC

Merrill Lynch, Pierce, Fenner & Smith

                     Incorporated

Deutsche Bank Securities Inc.

Morgan Stanley & Co. LLC

SunTrust Robinson Humphrey, Inc.

Senior Co-Managers   

Barclays Capital Inc.

BBVA Securities Inc.

BNP Paribas Securities Corp.

Commerz Markets LLC

Credit Agricole Securities (USA) Inc.

Credit Suisse Securities (USA) LLC

Goldman Sachs & Co. LLC

ICBC Standard Bank Plc2

Lloyds Securities Inc.

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.

U.S. Bancorp Investments, Inc.

Wells Fargo Securities, LLC

 

5


Co-Managers   

ANZ Securities, Inc.

Standard Chartered Bank3

Westpac Capital Markets LLC

Junior Co-Managers   

Academy Securities Inc.

Loop Capital Markets LLC

Mischler Financial Group, Inc.

Penserra Securities LLC

R. Seelaus & Co., LLC

Telsey Advisory Group LLC

The Williams Capital Group, L.P.

Tribal Capital Markets, LLC

Notes:

  1

Plus accrued interest from February 15, 2019 to the Settlement Date in an aggregate amount of $4,106,666.70.

  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 Citigroup Global Markets Inc. toll-free at 1-800-831-9146, J.P. Morgan Securities LLC collect at 1-212-834-4533, and Merrill Lynch, Pierce, Fenner & Smith Incorporated toll-free at 1-800-294-1322.

 

6


$850,000,000 3.600% Senior Notes due 2034

Summary of Final Terms

Dated April 30, 2019

 

Issuer    The Boeing Company
Principal Amount    $850,000,000
Trade Date    April 30, 2019
Settlement Date (T+2)    May 2, 2019
Maturity Date    May 1, 2034
Treasury Benchmark    2.625% due February 15, 2029
Treasury Price / Yield    101-00+ / 2.507%
Spread to Treasury    +112 bps
Reoffer Yield    3.627%
Price to Public1    99.690%
Gross Fee Spread    0.600%
Coupon (Interest Rate)    3.600%
Interest Payment Dates    May 1 and November 1
First Interest Payment Date    November 1, 2019
Call Provision    MWC @ T+20 bps at any time prior to February 1, 2034 (three months prior to maturity); par call at any time on or after February 1, 2034
CUSIP / ISIN    097023CJ2 / US097023CJ22
Joint Book-Running Managers   

Citigroup Global Markets Inc.

SMBC Nikko Securities America, Inc.

Wells Fargo Securities, LLC

Credit Suisse Securities (USA) LLC

RBC Capital Markets, LLC

Santander Investment Securities Inc.

Senior Co-Managers   

Barclays Capital Inc.

BBVA Securities Inc.

BNP Paribas Securities Corp.

Commerz Markets LLC

Credit Agricole Securities (USA) Inc.

Deutsche Bank Securities Inc.

Goldman Sachs & Co. LLC

ICBC Standard Bank Plc2

J.P. Morgan Securities LLC

Lloyds Securities Inc.

Merrill Lynch, Pierce, Fenner & Smith

                     Incorporated

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.

 

7


Co-Managers   

ANZ Securities, Inc.

Standard Chartered Bank3

Westpac Capital Markets LLC

Junior Co-Managers   

Academy Securities Inc.

Apto Partners, LLC

Loop Capital Markets LLC

MFR Securities, Inc.

Penserra Securities LLC

Stern Brothers

Telsey Advisory Group LLC

The Williams Capital Group, L.P.

Notes:

  1

Plus accrued interest, if any, from May 2, 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 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 Citigroup Global Markets Inc. toll-free at 1-800-831-9146, SMBC Nikko Securities America, Inc. at 1-888-868-6856, and Wells Fargo Securities, LLC toll-free at 1-800-645-3751 or wfscustomerservice@wellsfargo.com.

 

8


$800,000,000 3.900% Senior Notes due 2049

Summary of Final Terms

Dated April 30, 2019

 

Issuer    The Boeing Company
Principal Amount    $800,000,000
Trade Date    April 30, 2019
Settlement Date (T+2)    May 2, 2019
Maturity Date    May 1, 2049
Treasury Benchmark    3.375% due November 15, 2048
Treasury Price / Yield    108-25+ / 2.928%
Spread to Treasury    +107 bps
Reoffer Yield    3.998%
Price to Public1    98.296%
Gross Fee Spread    0.875%
Coupon (Interest Rate)    3.900%
Interest Payment Dates    May 1 and November 1
First Interest Payment Date    November 1, 2019
Call Provision    MWC @ T+20 bps at any time prior to November 1, 2048 (six months prior to maturity); par call at any time on or after November 1, 2048
CUSIP / ISIN    097023CK9 / US097023CK94
Joint Book-Running Managers   

Citigroup Global Markets Inc.

BNP Paribas Securities Corp.

Goldman Sachs & Co. LLC

Barclays Capital Inc.

Morgan Stanley & Co. LLC

Santander Investment Securities Inc.

Senior Co-Managers   

BBVA Securities Inc.

Commerz Markets LLC

Credit Agricole Securities (USA) Inc.

Credit Suisse Securities (USA) LLC

Deutsche Bank Securities Inc.

ICBC Standard Bank Plc2

J.P. Morgan Securities LLC

Lloyds Securities Inc.

Merrill Lynch, Pierce, Fenner & Smith

                     Incorporated

Mizuho Securities USA LLC

MUFG Securities Americas Inc.

RBC Capital Markets, LLC

SG Americas Securities, LLC

SMBC Nikko Securities America, Inc.

SunTrust Robinson Humphrey, Inc.

U.S. Bancorp Investments, Inc.

Wells Fargo Securities, LLC

 

9


Co-Managers   

ANZ Securities, Inc.

Standard Chartered Bank3

Westpac Capital Markets LLC

Junior Co-Managers   

Academy Securities Inc.

Loop Capital Markets LLC

Multi-Bank Securities, Inc.

Samuel A. Ramirez & Company, Inc.

Siebert Cisneros Shank & Co., L.L.C.

Notes:

  1

Plus accrued interest, if any, from May 2, 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 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 Citigroup Global Markets Inc. toll-free at 1-800-831-9146, BNP Paribas Securities Corp. toll free at 1-800-854-5674, and Goldman Sachs & Co. LLC at 1-866-471-2526 or prospectus-ny@ny.email.gs.com.

 

10