Alaska Air Group (ALK) said late Tuesday it priced a private offering of $625 million of 5.021% senior secured notes due 2029 and $625 million of 5.308% senior secured notes due 2031, as well as a $750 million senior secured term loan B due 2031.
The notes offering size was increased to $1.25 billion from $750 million. The company expects to close the financings on or about Oct. 15.
The issuer plans to use the net proceeds to fund the reserve account for the notes and the loan facility, and to fund a collection account that will be used to make an intercompany loan to Alaska Airlines.
Price: 44.40, Change: -0.71, Percent Change: -1.57
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。