September 15, 2020 | Cbonds
Southwest Airlines announced redemption of $500 mln 2.65% 5nov2020 bonds today. The price of the notes has jumped from 99.66% to 101.49%. The payment for the notes will equal 100% of the face value plus accrued and unpaid coupons, so altogether the company will pay holders around $505.521 mln. The deal will take place on October 5, 2020, and the company plans to fund it with cash on hand.
At the moment the company also has 7 outstanding Eurobonds denominated in USD.
|Estado||País de riesgo||Amortización (oferta)||Volume||Emission Rating (M/S&P/F)|
Organización: Southwest Airlines
|Nombre completo de la empresa||Southwest Airlines Co.|
|País de riesgo||USA|
|País de registro||USA|