Alaska Airlines, Inc., guaranteed by Alaska Air Group, Inc., launched a private offering of $500 million senior notes due 2031 for general corporate purposes.
Key takeaways
Alaska Airlines launched private offering of $500 million aggregate principal senior notes due 2031.
Notes fully and unconditionally guaranteed on senior unsecured basis by Alaska Air Group, Inc.
Offered to qualified institutional buyers under Rule 144A and Regulation S, unregistered under Securities Act.
Net proceeds for general corporate purposes after fees and expenses.