Southwest Airlines | Bond issue | 11-16 | $300m | Transaction

Southwest Airlines has priced a $300 million unsecured bond issuance.

Due in 2026, the notes carry a coupon of 3.00% with a spread of 127 basis points above the benchmark 10-year US Treasury.

The yield to maturity is 3.09% and the offering price was 99.228%.

Morgan Stanley, BNP Paribas and Barclays are the joint book-running managers for the offering.

Academy Securities, Comerica Securities and US Bancorp Investments are co-managers.

ISIN: US844741BC18

Southwest Airlines | Bond issue | 11-16 | $300m

Sed ullamcorper rutrum purus, suscipit pretium nibh ultrices quis. Vestibulum ac accumsan metus, sit amet sollicitudin tellus. Nulla facilisi. Praesent in dui libero. Nullam eu tortor faucibus, porttitor orci eget, pellentesque nisl. Nam vestibulum orci imperdiet, porttitor eros ut, molestie ex. Aenean dictum gravida elit, ac vestibulum purus tristique nec. Ut euismod ante at auctor suscipit. Vestibulum blandit ornare ante, quis scelerisque nulla maximus ac. Etiam condimentum malesuada urna at sagittis. Nunc aliquam tempor est, ut luctus ligula auctor id.

Leasing Roles

Company Name	Role
Dummy Aviation Company	Lessor
Dummy Airlines	Lessee

Lawyers

Company Name	Client
Dummy & Partners	Advisor
Dummy Company	Advisor
Another Dummy Company	Advisor
Dummy Legal & Lawyer	Advisor

Existing Subscriber?

If you are an existing subscriber please sign in to read this deal in full.

Sign up for a free trial

Register for free access to Airfinance Journal and realise the value of our asset and transaction databases, our market leading news, league tables and much more.

Southwest Airlines | Bond issue | 11-16 | $300m

Leasing Roles

Lawyers

Structure

Deal Categories

Southwest Airlines | Bond issue | 11-16 | $300m | Transaction | Airfinance Journal

Leasing Roles

Lawyers

Existing Subscriber?

Sign up for a free trial

Deal Categories

Structure

Deal Categories

Share Information On "Southwest Airlines | Bond issue | 11-16 | $300m"