The Boeing Company’s $13 Billion Delayed Draw Term Loan Credit Agreement

Shearman & Sterling advised Citibank, as administrative agent, on the deal.

The Boeing Company entered into a $13.0 billion, two-year delayed draw term loan credit agreement with Citibank, N.A., JPMorgan Chase Bank, N.A., BofA Securities, Inc. and Wells Fargo Securities, LLC as joint lead arrangers and joint book managers, Bank of America, N.A. and Wells Fargo Bank, National Association as documentation agents, JPMorgan as syndication agent and Citibank as administrative agent, and a syndicate of lenders as defined in the Credit Agreement.

The Boeing Company, headquartered in Chicago, Illinois, together with its subsidiaries, designs, develops, manufactures, sales, services and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems and services worldwide.

Shearman & Sterling team was led by Susan Hobart (Picture).

Involved fees earner: Susan Hobart – Shearman & Sterling;

Law Firms: Shearman & Sterling;

Clients: Citibank;

Author: Ambrogio Visconti