Alaska Air Group subsidiary offers senior secured notes for debt redemption from Hawaiian Airlines merger, guaranteed by Alaska Airlines and AS Mileage Plan Holdings.
Alaska Air Group announced a private offering of senior secured notes through its subsidiary AS Mileage Plan IP Ltd, with maturities in 2029 and 2031. Proceeds will help redeem certain debts from its Hawaiian Airlines merger. The notes are guaranteed by Alaska Airlines and AS Mileage Plan Holdings, secured by collateral from the Mileage Plan. The offering is limited to qualified institutional buyers under U.S. regulations and international buyers.
September 30, 2024
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