Southwest Completes $1.8 Billion Debt Offering

Southwest
Credit: Southwest Airlines
Southwest Airlines completed a $1.8 billion debt offering on June 8, part of an effort to buttress its balance sheet during the extended industry downturn caused by the COVID-19 pandemic. The two-tranche offering consisted of a $500 million aggregate principal amount of 4.750% notes due 2023, and a...

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