other material
confidence high
sentiment positive
materiality 0.90
Boeing prices $20.7B equity raise: 112.5M shares at $143, $5B depositary shares; upsized
BOEING CO
- Priced 112.5M common shares (upsized from 90M) at $143/share; over-allotment of 16.875M shares exercised.
- Priced $5B depositary shares (6.00% Series A mand conv pref) at $50/share; net proceeds ~$4.91B.
- Preferred stock carries 6.00% dividend, mandatory conversion Oct 2027 at variable rate (5.828-6.994 common shares per pref).
- Terminated $10B supplemental credit agreement after closing; $10B in revolving credit facilities remain undrawn.