07:16 AM EDT, 10/15/2024 (MT Newswires) -- Boeing ( BA ) said Tuesday in a filing that it entered into a $10 billion supplemental credit agreement with a syndicate of lenders.

Boeing ( BA ) said it will pay a a funding fee of 0.50% of the aggregate principal amount of each advance made under the credit agreement, with a duration fee of 0.50% and 1.00% of the total amount of outstanding advances and unused commitments.

Borrowings will generally be subject to an adjusted term secured overnight funding rate plus a rate between 1.375% and 2.00%, depending on Boeing's ( BA ) credit rating, according to the planemaker.

Price: 149.42, Change: +0.43, Percent Change: +0.29