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Financing ·

Alaska Air Group issued $500 million in 6.5% senior notes due 2031 and its subsidiary, AS Mileage Plan IP Ltd.…

ALKAlaska Air Group, Inc.

Alaska Air Group issued $500 million in 6.5% senior notes due 2031 and its subsidiary, AS Mileage Plan IP Ltd., secured an additional $500 million in incremental senior secured term loans. This combined $1 billion debt issuance increases the company's total leverage and interest expense obligations. Investors should monitor how this capital is deployed and its long-term impact on the company's capital structure.

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