Boeing signs $3 billion 364-day revolving credit facility with Citibank, JPMorgan-led group
BA•Pricing and maturity terms
Commitment fees range from 0.125% to 0.300% per year, tied to Boeing’s credit rating.
SOFR-based borrowings price at Term SOFR plus 1.25% to 1.7%, and the revolver matures on Aug. 23, 2027.
Amendments to existing credit agreements
Two existing five-year revolving credit agreements were amended to extend maturities by 365 days and add a $5 billion minimum liquidity covenant.
Boeing renews $3 billion revolving credit facility
Boeing signed a $3 billion 364-day revolving credit agreement with Citibank, N.A. as agent and JPMorgan Chase Bank, N.A. as syndication agent.
The facility replaces Boeing’s prior $3 billion 364-day revolver that was set to terminate on Aug. 24, 2026.
