Alaska air group announces pricing of upsized senior secured notes offering

Seattle , oct. 1, 2024 /prnewswire/ -- alaska air group, inc. (the "company") today announced the pricing of the previously announced private offering (the "offering") of (i) $625 million aggregate principal amount of 5.021% senior secured notes due 2029 and $625 million aggregate principal amount of 5.308% senior secured notes due 2031 (the "notes") by as mileage plan ip, ltd. ("loyalty issuer"), an exempted company incorporated with limited liability under the laws of the cayman islands and an indirect, wholly-owned subsidiary of the company and (ii) $750 million senior secured term loan b due 2031 (the "loyalty term loan facility" and, together with the notes the "loyalty financings").
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