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
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。