Southwest Airlines (LUV) Announces Offering of Notes

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Southwest Airlines Announces Offering of Notes

April 29, 2020 9:15 AM EDT

DALLAS, April 29, 2020 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) (the "Company") today announced that it has commenced an underwritten public offering of two series of senior notes (collectively, the "Notes"), with expected maturities in 2023 and 2025.

The Company expects to use the net proceeds from the offering to repay a portion of the outstanding borrowings under its Amended and Restated... More