JetBlue Airways (JBLU) Announces 35m Share Offering of Common Stock
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JetBlue Announces Offering of Common Stock
December 1, 2020 4:35 PM ESTNEW YORK--(BUSINESS WIRE)-- JetBlue Airways Corporation (NASDAQ: JBLU) today announced a proposed underwritten offering of 35,000,000 shares of its common stock.
JetBlue intends to grant the underwriters a 30-day option to purchase up to 5,250,000 additional shares of common stock. JetBlue intends to use the net proceeds from the offering for general corporate purposes.
Morgan Stanley, Goldman Sachs & Co. LLC, Barclays and BNP PARIBAS are acting as joint book-running managers for the offering, and Morgan Stanley, Goldman Sachs & Co. LLC and Barclays are acting as representatives of the underwriters for the offering.... More
