Exhibit 4(a)
[FACE OF NOTE]
CUSIP NO.:
REGISTERED
PRINCIPAL AMOUNT:
No. SNR/FXR -
BOEING CAPITAL
CORPORATION
SENIOR MEDIUM-TERM NOTE, SERIES
XII
(FIXED RATE)
Due from 9 Months to 30 Years
from Date of Issue
If the registered owner of this
Security (as indicated below) is The Depository Trust Company (the
“ Depository ”) or a nominee of the Depository,
this Security is a Global Security and the following two legends
apply:
Unless this certificate is
presented by an authorized representative of The Depository Trust
Company (55 Water Street, New York, New York) to the issuer or its
agent for registration of transfer, exchange or payment, and such
certificate issued is registered in the name of CEDE &
CO., or such other name as requested by an authorized
representative of the Depository, ANY TRANSFER, PLEDGE OR OTHER USE
HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL,
since the registered owner hereof, CEDE & CO., has an
interest herein.
Unless and until this certificate
is exchanged in whole or in part for Notes in certificated form,
this certificate may not be transferred except as a whole by the
Depository to a nominee thereof or by a nominee thereof to the
Depository or another nominee of the Depository or by the
Depository or any such nominee to a successor of the Depository or
a nominee of such successor.
IF APPLICABLE, THE “ TOTAL
AMOUNT OF OID ”, “ YIELD TO MATURITY ”
AND “ INITIAL ACCRUAL PERIOD OID ” (COMPUTED
UNDER THE APPROXIMATE METHOD) BELOW WILL BE COMPLETED SOLELY FOR
THE PURPOSES OF APPLYING THE UNITED STATES FEDERAL INCOME TAX
ORIGINAL ISSUE DISCOUNT (“ OID ”)
RULES.
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ISSUE
PRICE:
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OPTION TO ELECT
REPAYMENT: ¨ YES ¨ NO
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ORIGINAL ISSUE
DATE:
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OPTIONAL
REPAYMENT DATE[S]:
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STATED MATURITY
DATE:
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MINIMUM DENOMINATIONS:
¨ $100,000
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Other:
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SPECIFIED CURRENCY:
U.S. Dollars: ¨ YES ¨ NO
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ADDITIONAL
AMOUNTS:
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FOREIGN
CURRENCY:
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DEFEASANCE: ¨ YES ¨ NO
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EXCHANGE RATE
AGENT:
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COVENANT
DEFEASANCE: ¨ YES ¨ NO
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OPTION TO RECEIVE PAYMENTS IN SPECIFIED CURRENCY
OTHER THAN
U.S. DOLLARS: ¨ YES ¨ NO
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TOTAL AMOUNT OF
OID:
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INTEREST
RATE:
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YIELD TO
MATURITY:
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DAY COUNT
CONVENTION:
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INITIAL ACCRUAL
PERIOD OID:
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INTEREST
PAYMENT DATES:
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OPTIONAL
INTEREST RATE RESET DATES:
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REGULAR RECORD
DATES IF OTHER THAN THE 15 th CALENDAR DAY PRECEDING THE INTEREST PAYMENT
DATE:
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OTHER/DIFFERENT
PROVISIONS:
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OPTIONAL
REDEMPTION: ¨ YES ¨ NO
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INITIAL
REDEMPTION DATE:
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INITIAL
REDEMPTION PERCENTAGE:
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ANNUAL
REDEMPTION PERCENTAGE REDUCTION:
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SINKING
FUND:
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2
BOEING CAPITAL CORPORATION, a
Delaware corporation (herein referred to as the “
Company ”, which term includes any successor
corporation under the Indenture hereinafter referred to), for value
received, hereby promises to pay to
,
or registered assigns, the principal sum of
in the Specified Currency on the Stated Maturity Date shown above
(except to the extent redeemed or repaid prior to the Stated
Maturity Date) and to pay interest, if any, thereon at the Interest
Rate shown above from the Original Issue Date shown above or from
the most recent Interest Payment Date to which interest, if any,
has been paid or duly provided for, on the Interest Payment Dates
shown on the face hereof (each, an “ Interest Payment
Date ”) until the principal hereof is paid or made
available for payment and on the Stated Maturity Date, any
Redemption Date or Repayment Date (such terms together are
hereinafter referred to as the “ Maturity Date ”
with respect to the principal repayable on such date);
provided , however , that any payment of principal
(or premium, if any) or interest, if any, to be made on any
Interest Payment Date or on the Maturity Date that is not a
Business Day (as defined below) shall be made on the next
succeeding Business Day with the same force and effect as if made
on such Interest Payment Date or the Maturity Date, as the case may
be, and no additional interest, if any, shall accrue on the amount
so payable as a result of such delayed payment. For purposes of
this Security, unless otherwise specified on the face hereof,
“ Business Day ” means any day, other than a
Saturday or Sunday, that is neither a legal holiday nor a day on
which commercial banks are authorized or required by law,
regulation or executive order to close in The City of New York;
provided, however , that, if this Security is denominated or
payable in a Specified Currency, such day is also not a day on
which commercial banks are authorized or required by law,
regulation or executive order to close in the Principal Financial
Center (as defined below) of the country issuing the Specified
Currency or, if the Specified Currency is the euro, such day is
also a day on which the Trans-European Automated Real-time Gross
Settlement Express Transfer (TARGET) System is open.
“Principal Financial Center” means the capital city of
the country issuing the Specified Currency, except that with
respect to U.S. dollars, Australian dollars, Canadian dollars, New
Zealand dollars, and Swiss francs, the “ Principal
Financial Center ” shall be The City of New York, Sydney,
Toronto, Auckland, and Zurich, respectively.
Any interest hereon is accrued from,
and including, the next preceding Interest Payment Date in respect
of which interest, if any, has been paid or duly provided for (or
from and including the Original Issue Date if no interest has been
paid) to, but excluding, the succeeding Interest Payment Date or
the Maturity Date, as the case may be. The interest, if any, so
payable, and punctually paid or duly provided for, on any Interest
Payment Date will, as provided in the Indenture (referred to on the
reverse hereof), be paid to the person (the “ Holder
”) in whose name this Security (or one or more Predecessor
Securities) is registered at the close of business on the 15
th calendar day (whether or not a Business Day),
next preceding such Interest Payment Date (unless other Regular
Record Dates are specified on the face hereof) (each, a “
Regular Record Date ”); provided ,
however , that, if this Security was issued between a
Regular Record Date and the initial Interest Payment Date relating
to such Regular Record Date, interest, if any, for the period
beginning on the Original Issue Date and ending on such initial
Interest Payment Date shall be paid on the Interest Payment Date
following the next succeeding Regular Record Date to the Holder
hereof on such next succeeding Regular Record Date; and provided
further that interest, if any, payable on the Maturity Date
will be payable to the person to whom the principal hereof shall be
payable. Any such interest not so punctually paid or duly provided
for on any Interest Payment Date other than the Maturity Date
(“ Defaulted Interest ”) will forthwith cease to
be payable to the Holder on such Regular Record Date and may either
be paid to the
3
person in whose name this Security (or one or
more Predecessor Securities) is registered at the close of business
on a special record date (the “ Special Record Date
”) for the payment of such Defaulted Interest to be fixed by
the Trustee (referred to on the reverse hereof), notice whereof
shall be given to the Holder of this Security not less than ten
days prior to such Special Record Date, or may be paid at any time
in any other lawful manner, all as more fully provided in the
Indenture.
Unless otherwise specified above,
all payments in respect of this Security will be made in U.S.
dollars regardless of the Specified Currency shown above unless the
Holder hereof makes the election described below. If the Specified
Currency shown above is other than U.S. dollars, the Exchange Rate
Agent (referred to on the reverse hereof) will arrange to convert
all payments in respect hereof into U.S. dollars in the manner
described on the reverse hereof; provided , however ,
that the Holder hereof may, if so indicated above, elect to receive
all or a specified portion of any payment of principal, premium, if
any, and/or interest in such Specified Currency by delivery of a
written request to the corporate trust office of the Trustee in The
City of New York on or prior to the applicable Regular Record Date
or at least fifteen calendar days prior to the Maturity Date, as
the case may be. Such request may be in writing (mailed or hand
delivered) or by cable, telex or other form of facsimile
transmission. The Holder hereof may elect to receive payment in
such Specified Currency for all principal, premium, if any, and
interest, if any, payments and need not file a separate election
for each payment. Such election will remain in effect until revoked
by written notice to the Trustee, but written notice of any such
revocation must be received by the Trustee on or prior to the
applicable Regular Record Date or at least fifteen calendar days
prior to the Maturity Date, as the case may be.
Notwithstanding the foregoing, if
the Specified Currency is other than U.S. dollars and the Company
determines that such Specified Currency is not available for making
payments in respect hereof due to the imposition of exchange
controls or other circumstances beyond the Company’s control,
the Company will be entitled to satisfy its obligations to the
Holder hereof by making such payment in U.S. dollars on the basis
of the noon buying rate in The City of New York for cable transfers
of such Specified Currency as certified for customs purposes (or,
if not so certified, as otherwise determined) by the Federal
Reserve Bank of New York (the “ Market Exchange Rate
”) as computed by the Exchange Rate Agent on the second
Business Day prior to such payment or, if not then available, on
the basis of the most recently available Market Exchange Rate or as
otherwise indicated on the face hereof. Any payment made in U.S.
dollars under such circumstances shall not constitute an Event of
Default (as defined in the Indenture).
In the event of an official
redenomination of the Specified Currency, the obligations of the
Company with respect to payments on this Security shall, in all
cases, be deemed, immediately following such redenomination, to
provide for payment of that amount of redenominated currency
representing the amount of such obligations immediately before such
redenomination. Except as set forth above, in no event shall any
adjustment be made to any amount payable hereunder as a result of
any change in the value of the Specified Currency shown above
relative to any other currency due solely to fluctuations in
exchange rates.
4
Until this Security is paid in full
or payment therefor in full is duly provided for, the Company will
at all times maintain a Paying Agent (which Paying Agent may be the
Trustee) in The City of New York (which, unless otherwise specified
above, shall be the “ Place of Payment ”). The
Company has initially appointed Deutsche Bank Trust Company
Americas, at its corporate trust office in The City of New York, as
Paying Agent.
If the Specified Currency shown
above is U.S. dollars or the Specified Currency shown above is a
Foreign Currency, and the Holder has not elected to exercise its
option, if any, to receive payments in such Specified Currency,
(i) payment of interest on this Security (other than on the
Maturity Date) will be made in U.S. dollars by check mailed to the
registered address of the Holder hereof, or at the Company’s
option, by wire transfer to a bank account maintained by the Holder
and (ii) the principal of this Security, premium, if any,
together with the interest accrued and unpaid thereon, due at the
Maturity Date shall be paid in U.S. dollars in immediately
available funds upon surrender of this Security at the corporate
trust office of the Trustee in The City of New York, or, at the
Company’s option, by wire transfer to such bank account of
immediately available funds in U.S. dollars to an account with a
bank designated at least fifteen calendar days prior to the
Maturity Date by the Holder hereof, provided such bank has
appropriate facilities to make such payments and this Security is
presented and surrendered at the office or agency designated by the
Company for such purpose in the Borough of Manhattan, The City of
New York, in time for the Trustee to make such payments in such
funds in accordance with its normal procedures. If the Specified
Currency shown above is a Foreign Currency and the Holder is
entitled to elect, and has elected, to receive payments in such
Specified Currency, (i) interest due on an Interest Payment
Date other than the Maturity Date will be paid by check in the
Specified Currency mailed to the registered address of the Holder
hereof or, at our option, by wire transfer in the Specified
Currency to a bank account maintained by the Holder in the country
of the Specified Currency and (ii) the principal of, premium,
if any, and interest on this Security due on the Maturity Date will
be paid in the Specified Currency in immediately available funds
upon surrender of this Security at the corporate trust office of
the Trustee in The City of New York, or, at the Company’s
option, by wire transfer to such bank account of immediately
available funds in the Specified Currency to an account with a bank
designated at least 15 calendar days prior to the Maturity Date by
the Holder, provided , in the case of (ii), the particular
bank has appropriate facilities to make these payments and this
Security is presented and surrendered at the office or agency
maintained by the Company for this purpose in the Borough of
Manhattan, The City of New York, in time for the Trustee to make
these payments in accordance with its normal procedures. The
Company will pay any administrative costs imposed by banks in
making payments in immediately available funds but, except as
otherwise provided under Additional Amounts above, any tax,
assessment or governmental charge imposed upon payments will be
borne by the Holders of the Securities in respect of which such
payments are made.
Unless otherwise specified on the
face hereof, interest on this Security, if any, will be computed on
the basis of a 360-day year of 12 30-day months.
REFERENCE IS HEREBY MADE TO THE
FURTHER PROVISIONS OF THIS SECURITY SET FORTH ON THE REVERSE
HEREOF, WHICH FURTHER PROVISIONS SHALL FOR ALL PURPOSES HAVE THE
SAME EFFECT AS IF SET FORTH AT THIS PLACE.
5
Unless the certificate of
authentication hereon has been executed by the Trustee by manual
signature, this Security shall not be entitled to any benefit under
the Indenture or be valid or obligatory for any purpose.
6
IN WITNESS WHEREOF, the Company has
caused this instrument to be duly executed, manually or in
facsimile, and an imprint or facsimile of its corporate seal to be
imprinted hereon.