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News May 18, 2016

Shearman & Sterling Advises on The Boeing Company’s $1.2 Billion Senior Notes Offering

Shearman & Sterling represented the underwriters in connection with the offering by The Boeing Company of $400 million aggregate principal amount of 1.875% senior notes due in 2023, $400 million aggregate principal amount of 2.250% senior notes due in 2026, and $400 million aggregate principal amount of 3.375% senior notes due in 2046. Merrill Lynch, Pierce, Fenner & Smith Incorporated, Barclays Capital Inc. and Wells Fargo Securities, LLC acted as joint book-running managers and representatives of the several underwriters with respect to the 2023 notes; Merrill Lynch, Pierce, Fenner & Smith Incorporated, Goldman, Sachs & Co. and Morgan Stanley & Co. LLC acted as joint book-running managers and representatives of the several underwriters with respect to the 2026 notes; and Merrill Lynch, Pierce, Fenner & Smith Incorporated, Citigroup Global Markets Inc. and J.P. Morgan Securities LLC acted as joint book-running managers and representatives of the several underwriters with respect to the 2046 notes.

Boeing (NYSE: BA) is the world’s largest aerospace company and the leading manufacturer of commercial jetliners and military aircraft. Additionally, Boeing designs and manufactures rotorcraft, electronic and defense systems, missiles, satellites, launch vehicles and advanced information and communication systems. Headquartered in Chicago, Boeing employs approximately 160,000 people across the United States and in more than 65 countries.

The Shearman & Sterling team consisted of partners Lisa Jacobs (New York-Capital Markets) and Douglas McFadyen (New York-Tax); of counsel Dan Newcomb (New York-Litigation); counsel Jeff Salinger (New York-Environmental); and associates Yoon-Jee Kim (New York-Capital Markets), Robert Giannattasio (New York-Corporate) and Erika Khalek (New York-Corporate).