{"schema_version":"secwatch.filing_event.v1","accession":"0000012927-23-000051","form_type":"8-K","ticker":"BA","cik":"0000012927","company_name":"BOEING CO","filed_at":"2023-08-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.495056+00:00","generated_at":"2026-06-11T03:55:11.863647+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Boeing enters $0.8B 364-day and $3.0B five-year credit agreements, replacing $5.8B facility","bullets":["New $0.8B 364-day revolver replaces prior $5.8B 364-day facility expiring Aug 24, 2023; new facility terminates Aug 22, 2024.","Also entered $3.0B five-year revolver terminating Aug 24, 2028; both with Citibank and JPMorgan as lead arrangers.","Borrowings bear SOFR + 1.250%–1.700% (364-day) or SOFR + 1.200%–1.650% (five-year) depending on credit rating.","Existing $3.0B three-year (Aug 2022) and $3.2B five-year (Oct 2019) revolvers remain in effect.","Covenants limit consolidated debt to 60% of total capital; customary events of default."],"urls":{"canonical":"https://secwatch.observer/filing/0000012927-23-000051","json":"https://secwatch.observer/filing/0000012927-23-000051.json","markdown":"https://secwatch.observer/filing/0000012927-23-000051.md","text":"https://secwatch.observer/filing/0000012927-23-000051.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/12927/000001292723000051/0000012927-23-000051-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/12927/000001292723000051/ba-20230824.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T03:55:11.863647+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5a0407e2e78a7dd50dda8ba5fdc1822d23419f58","claim":"BOEING CO incurred revolving credit of $3.0 billion with Citibank, N.A. and JPMorgan Chase Bank, N.A. at Adjusted Term SOFR plus between 1.200% and 1.650% per annum maturing August 24, 2028.","evidence_excerpt":"On August 24, 2023, Boeing also entered into a $3.0 billion, five-year revolving credit agreement (the “Five-Year Credit Agreement” and, together with the 364-Day Credit Agreement, the \"2023 Credit Agreements\") with Citibank and JPMorgan as joint lead arrangers and joint book managers, Citibank as administrative agent, JPMorgan as syndication agent, and a syndicate of lenders as defined in such agreement.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/12927/000001292723000051/0000012927-23-000051-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$3.0 billion"},{"label":"Counterparty","value":"Citibank, N.A. and JPMorgan Chase Bank, N.A."},{"label":"Rate","value":"Adjusted Term SOFR plus between 1.200% and 1.650% per annum"},{"label":"Maturity","value":"August 24, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"afe60a3abe80fcb3b9e3b609343b2c9de20b7ed3","claim":"BOEING CO incurred revolving credit of $0.8 billion with Citibank, N.A. and JPMorgan Chase Bank, N.A. at Adjusted Term SOFR plus between 1.250% and 1.700% per annum maturing August 22, 2024.","evidence_excerpt":"On August 24, 2023, The Boeing Company (“Boeing”) entered into a $0.8 billion, 364-day revolving credit agreement (the “364-Day Credit Agreement”) with Citibank, N.A. (“Citibank”) and JPMorgan Chase Bank, N.A. (“JPMorgan”) as joint lead arrangers and joint book managers, Citibank as administrative agent, JPMorgan as syndication agent, and a syndicate of lenders as defined in such agreement.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/12927/000001292723000051/0000012927-23-000051-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$0.8 billion"},{"label":"Counterparty","value":"Citibank, N.A. and JPMorgan Chase Bank, N.A."},{"label":"Rate","value":"Adjusted Term SOFR plus between 1.250% and 1.700% per annum"},{"label":"Maturity","value":"August 22, 2024"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"49618a2f9785675afc16d85b07dc6e1357a305c3","claim":"BOEING CO entered into 364-Day Credit Agreement with Citibank, N.A., JPMorgan Chase Bank, N.A., and a syndicate of lenders valued at $0.8 billion (effective 2023-08-24).","evidence_excerpt":"On August 24, 2023, The Boeing Company (\"Boeing\") entered into a $0.8 billion, 364-day revolving credit agreement (the \"364-Day Credit Agreement\") with Citibank, N.A. (\"Citibank\") and JPMorgan Chase Bank, N.A. (\"JPMorgan\") as joint lead arrangers and joint book managers, Citibank as administrative agent, JPMorgan as syndication agent, and a syndicate of lenders as defined in such agreement.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/12927/000001292723000051/0000012927-23-000051-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Citibank, N.A., JPMorgan Chase Bank, N.A., and a syndicate of lenders"},{"label":"Value","value":"$0.8 billion"},{"label":"Effective","value":"2023-08-24"}],"fact_type":"material_agreement"},{"claim_id":"74fca82d1230aa040032d2fd1b283123bc7c45db","claim":"BOEING CO entered into Five-Year Credit Agreement with Citibank, N.A., JPMorgan Chase Bank, N.A., and a syndicate of lenders valued at $3.0 billion (effective 2023-08-24).","evidence_excerpt":"On August 24, 2023, Boeing also entered into a $3.0 billion, five-year revolving credit agreement (the \"Five-Year Credit Agreement\" and, together with the 364-Day Credit Agreement, the \"2023 Credit Agreements\") with Citibank and JPMorgan as joint lead arrangers and joint book managers, Citibank as administrative agent, JPMorgan as syndication agent, and a syndicate of lenders as defined in such agreement.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/12927/000001292723000051/0000012927-23-000051-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Citibank, N.A., JPMorgan Chase Bank, N.A., and a syndicate of lenders"},{"label":"Value","value":"$3.0 billion"},{"label":"Effective","value":"2023-08-24"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}