JetBlue Announces $400 Million Convertible Senior Notes Offering
JBLUJetBlue(JBLU) GlobeNewswire News Room·2024-08-12 19:08

NEW YORK, N.Y., Aug. 12, 2024 (GLOBE NEWSWIRE) -- JetBlue Airways Corporation (NASDAQ: JBLU) (“JetBlue”) today announced that it intends to offer (the “offering”) 400millionaggregateprincipalamountofconvertibleseniornotesdue2029(thenotes).JetBluealsoexpectstogranttheinitialpurchasersofthenotesanoptiontopurchase,withina13dayperiodfrom,andincluding,thedateoforiginalissuanceofthenotes,uptoanadditional400 million aggregate principal amount of convertible senior notes due 2029 (the “notes”). JetBlue also expects to grant the initial purchasers of the notes an option to purchase, within a 13-day period from, and including, the date of original issuance of the notes, up to an additional 60 million aggregate principal amount of the notes. JetBlue ...