Free Writing Prospectus

Filed Pursuant to Rule 433 under the Securities Act of 1933

Registration Statement No. 333-157790

Issuer Free Writing Prospectus, dated July 23, 2009

LOGO

$1,950,000,000

Senior Notes Offering

Summary of Final Terms

Dated July 23, 2009

 

     3.500% Senior Notes due
2015
   4.875% Senior Notes due
2020
   5.875% Senior Notes due
2040

Issuer

   The Boeing Company    The Boeing Company    The Boeing Company

Rating (S&P, Moodys, Fitch) ¹

   A+ / A2 / A+

(credit watch negative /
stable / negative )

   A+ / A2 / A+

(credit watch negative /
stable / negative)

   A+ / A2 / A+

(credit watch negative /
stable / negative)

Principal Amount

   $750,000,000    $750,000,000    $450,000,000

Trade Date

   07/23/2009    07/23/2009    07/23/2009

Settlement Date (T+3)

   07/28/2009    07/28/2009    07/28/2009

Maturity Date

   2/15/2015    2/15/2020    2/15/2040

Treasury Benchmark

   2.625% due 6/30/2014    3.125% due 5/15/2019    3.500% due 2/15/2039

Treasury Price / Yield

   100-8 1/4 / 2.569%    95-09 / 3.703%    82-14 / 4.592%

Spread to Treasury

   110 bps    130 bps    145 bps

Reoffer Yield

   3.669%    5.003%    6.042%

Coupon (Interest Rate)

   3.500%    4.875%    5.875%

Price to Public ²

   99.157%    98.958%    97.680%

Gross Fee Spread

   0.350%    0.450%    0.875%

Coupon Dates

   02/15, 08/15    02/15, 08/15    02/15, 08/15

1st Coupon Payment

   02/15/2010    02/15/2010    02/15/2010

Call Provision

   MWC @ T + 25 bps    MWC @ T + 25 bps    MWC @ T + 25 bps

CUSIP / ISIN

   097023 AY1 /
US097023AY17
   097023 AZ8 /
US097023AZ81
   097023 BA2 /
US097023BA22

 

Notes:

1 A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
2 Plus accrued interest, if any, from July 28, 2009

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Banc of America Securities LLC toll-free at 1-800-294-1322, Deutsche Bank Securities Inc. toll-free at 1-800-503-4611 or Morgan Stanley & Co. Incorporated toll-free at 1-866-718-1649.