The Boeing Company priced its $21,087,500,000 underwritten public offerings, which is a combination of $16,087,500,000 of common stock and $5,000,000,000 mandatory convertible preferred stock. The common equity component of the transaction was upsized by 25% from an original launch size of 90 million shares. The offering is comprised of 100% primary shares and the Company intends to use the proceeds for near-term liquidity and general corporate purposes.
This concurrent offering represents the largest equity offering in over a decade.
RBC served as a joint bookrunner on the concurrent offerings of common stock and depositary shares.
