---
schema_version: "secwatch.filing_event.v1"
accession: "0000012927-24-000037"
form_type: "8-K"
ticker: "BA"
cik: "0000012927"
company_name: "BOEING CO"
filed_at: "2024-05-17T23:59:59+00:00"
generated_at: "2026-06-01T14:43:49.872131+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Boeing enters $4B five-year revolver; terminates $0.8B and $3.2B facilities

## Summary
- New $4.0B credit agreement with Citibank and JPMorgan, maturing May 2029, replacing 364-day ($0.8B) and 2019 five-year ($3.2B) facilities.
- Pricing: SOFR-based advances bear interest at Adjusted Term SOFR + 1.200%-1.650% per annum, based on Boeing's credit rating; commitment fee 0.175%-0.350%.
- Covenants include consolidated debt limit of 60% of total capital; standard events of default.
- Existing $3.0B three-year (Aug 2022) and $3.0B five-year (Aug 2023) revolvers remain in effect.
- Facility provides liquidity backstop for general corporate purposes.

## SEC filing metadata
- accession: 0000012927-24-000037
- form_type: 8-K
- ticker: BA
- cik: 0000012927
- company_name: BOEING CO
- filed_at: 2024-05-17T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/12927/000001292724000037/0000012927-24-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/12927/000001292724000037/ba-20240515.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000012927-24-000037
- JSON: https://secwatch.observer/filing/0000012927-24-000037.json
- Plain text: https://secwatch.observer/filing/0000012927-24-000037.txt

## Key facts
- Debt Financings
  BOEING CO incurred revolving credit of $4.0 billion with Citibank, N.A. at Adjusted Term SOFR plus between 1.200% and 1.650% per annum maturing May 15, 2029.
  - Instrument: revolving credit
  - Principal: $4.0 billion
  - Counterparty: Citibank, N.A.
  - Rate: Adjusted Term SOFR plus between 1.200% and 1.650% per annum
  - Maturity: May 15, 2029
  - Event: incurrence
  source text: On May 15, 2024, The Boeing Company (“Boeing”) entered into a $4.0 billion, five-year revolving credit agreement
  evidence_url: https://www.sec.gov/Archives/edgar/data/12927/000001292724000037/0000012927-24-000037-index.htm
- Material Agreements
  BOEING CO entered into Agreement with Citibank, N.A. and JPMorgan Chase Bank, N.A. valued at $4.0 billion (effective 2024-05-15).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Citibank, N.A. and JPMorgan Chase Bank, N.A.
  - Value: $4.0 billion
  - Effective: 2024-05-15
  source text: On May 15, 2024, The Boeing Company (“Boeing”) entered into a $4.0 billion, five-year revolving credit agreement (the “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 the Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/12927/000001292724000037/0000012927-24-000037-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.