JetBlue Airways (JBLU) Prices $400M Convertible Senior Notes Offering
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JetBlue Announces Pricing of $400 Million Convertible Senior Notes Offering
August 12, 2024 10:43 PM EDTNEW YORK--(BUSINESS WIRE)-- JetBlue Airways Corporation (NASDAQ: JBLU) (JetBlue) today announced the pricing of $400 million aggregate principal amount of its 2.50% convertible senior notes due 2029 (the notes). JetBlue granted the initial purchasers of the notes an option to purchase up to an additional $60 million aggregate principal amount of the notes. JetBlue expects to close the offering on or about August 16, 2024, subject to the satisfaction of customary conditions.
In certain circumstances prior to June 1, 2029 and thereafter, at any time until the close of business on the second scheduled trading day immediately preceding the... More
