Boeing unit files $5 bln debt shelf

Thu Oct 30, 2008 1:46pm EDT

Oct 30 (Reuters) - Boeing Capital, an indirect wholly owned unit of Boeing Co (BA.N), said on Thursday it may periodically sell up to $5 billion in debt securities.

The company said it intends to use the proceeds to buy equipment for leases, to make loans, to fund other investments, and for other general corporate purposes.

Under a shelf registration filed with the U.S. Securities and Exchange Commission, a company may sell securities in one or more separate offerings with the size, price and terms to be determined at the time of sale. (Reporting by Sayantani Ghosh in Bangalore; Editing by Anil D'Silva)

Related Quotes and News

Company
Price
Related News
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.