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JetBlue preps bond and loan financing

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News and Analysis

JetBlue preps bond and loan financing

William Hoffman's avatar
Bill Weisbrod's avatar
  1. William Hoffman
  2. +Bill Weisbrod
•3 min read

US airline JetBlue is premarketing with debt investors this week a new $2.7bn syndicated bond and loan package that could launch as early as next week depending on how credit markets react to recent volatility, according to 9fin sources.

There was some consideration of launching this week, but bankers are now more likely to target next week after credit spreads moved wider and loan deals were postponed this week after one of the worst days of stock market trading in years.

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