NEW YORK (Standard&Poor's CreditWire) June 30, 2000--Standard&Poor's today assigned its 'A-1+' rating to Boeing Co.'s $2 billion 4(2) commercial paper program. At the same time, Standard&Poor's affirmed its ratings on the company and related entities (see list below). The outlook is stable. Boeing's commercial paper program is supported by its committed bank facilities: a $1.6 billion, 364-day revolving credit agreement expiring in September 2000, and a seven-year, $800 million credit agreement expiring in September 2004. Proceeds will be used for general corporate purposes. In addition, Boeing Capital Corp.'s 4(2) commercial paper program is being expanded to $1 billion from $220 million, backed up by Boeing Co.'s 364-day revolving credit agreement. Proceeds will be used
