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Alaska Air Group has priced a $500 million private offering of 6.5% senior notes due 2031 and announced that its…

ALKAlaska Air Group, Inc.

Alaska Air Group has priced a $500 million private offering of 6.5% senior notes due 2031 and announced that its loyalty subsidiary expects to incur an additional $500 million in senior secured term loans. This $1 billion total financing activity increases the company's debt load and utilizes its customer loyalty program as collateral for the new secured facility.

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