United States
Securities and Exchange Commission
Washington, D.C. 20549
- ----------------------------------------------------------------------------
Form 8-K
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
- ----------------------------------------------------------------------------
Date of Report: October 4, 1999
- ----------------------------------------------------------------------------
BOEING CAPITAL CORPORATION
(Exact name of registrant as specified in its charter)
Delaware 95-2564584 0-10795
(State or other jurisdiction of (I.R.S. Employer (Commission File No.)
Incorporation or Organization) Identification No.)
4060 Lakewood Boulevard, 6th Floor - Long Beach,
California 90808-1700
(Address of principal executive offices)
(562) 627-3299
(Registrant's telephone number, including area code)
- ----------------------------------------------------------------------------
<PAGE>
Item 5. Other Events
Detail relating to the Other Event is set forth in the press release set forth
as an Exhibit hereto.
Item 7. Financial Statements, Pro Forma Financial Statements and Exhibits
(a) Financial statements of businesses acquired. Not applicable.
(b) Pro forma financial information. Not applicable.
(c) Exhibits.
The following is the Exhibit filed herewith.
No. Description
20 Press Release issued by The Boeing Company on October 4, 1999.
<PAGE>
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.
Boeing Capital Corporation
October 4, 1999
/s/ Thomas J. Motherway
--------------------------------
Thomas J. Motherway
President and Principal Executive Officer
EXHIBIT INDEX
The following is the Exhibit filed herewith.
No. Description
20 Press Release issued by The Boeing Company on October 4, 1999.
Boeing Reorganizes Product Financing Services
SEATTLE, Oct. 4, 1999 -- Boeing announced a reorganization and
consolidation of its product financing activities into a newly restructured
subsidiary, Boeing Capital Corporation. "This reorganization is intended to
enhance The Boeing Company's ability to address the financing requirements of
its diverse customer base and to capitalize on global growth opportunities to
increase shareholder value for the company," said Walt Skowronski, Boeing vice
president of finance and treasurer. "As the world's largest aerospace company,
we have significant capabilities to bring to this expanding marketplace, and
look forward to providing value-added services to all our customers."
Boeing Capital Corporation will continue as a wholly owned subsidiary
of The Boeing Company, but will now integrate the existing financial services
activities supporting commercial aircraft, military aircraft and missiles, and
space and communication markets. Boeing Capital Corporation will continue to
report in to the parent company's Treasury organization.
"As the financial service arm of Boeing, our primary goal is to support
the sale of the company's products and services," said Tom Motherway, president
of Boeing Capital Corporation. "As in the past, we will both structure and
arrange financing. Our business activities will encompass a full range of
financing services and instruments. We are excited about the opportunity this
presents for our customers and shareholders," Motherway said.
The headquarters of Boeing Capital Corporation will move to Seattle
from Long Beach, Calif.
<PAGE>
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.
Boeing Capital Corporation
October 4, 1999
----------------------------------
Thomas J. Motherway
President (Principal Executive Officer)
EXHIBIT INDEX
The following is the Exhibit filed herewith.
No. Description
20 Press Release issued by The Boeing Company on October 4, 1999.
Boeing Reorganizes Product Financing Services
SEATTLE, Oct. 4, 1999 -- Boeing announced a reorganization and
consolidation of its product financing activities into a newly restructured
subsidiary, Boeing Capital Corporation. "This reorganization is intended to
enhance The Boeing Company's ability to address the financing requirements of
its diverse customer base and to capitalize on global growth opportunities to
increase shareholder value for the company," said Walt Skowronski, Boeing vice
president of finance and treasurer. "As the world's largest aerospace company,
we have significant capabilities to bring to this expanding marketplace, and
look forward to providing value-added services to all our customers."
Boeing Capital Corporation will continue as a wholly owned subsidiary
of The Boeing Company, but will now integrate the existing financial services
activities supporting commercial aircraft, military aircraft and missiles, and
space and communication markets. Boeing Capital Corporation will continue to
report in to the parent company's Treasury organization.
"As the financial service arm of Boeing, our primary goal is to support
the sale of the company's products and services," said Tom Motherway, president
of Boeing Capital Corporation. "As in the past, we will both structure and
arrange financing. Our business activities will encompass a full range of
financing services and instruments. We are excited about the opportunity this
presents for our customers and shareholders," Motherway said.
The headquarters of Boeing Capital Corporation will move to Seattle
from Long Beach, Calif.
