JetBlue Sounds Out Investors on Possible Debt Deal (Correct)

Aug. 8, 2024, 9:30 PM UTC

JetBlue Airways Corp. has held talks with lenders for a potential $2.75 billion debt offering that would be backed by its loyalty program, making it the latest carrier to undertake such an deal.

The company is working with banks including Barclays Plc and Goldman Sachs Group Inc. on the transaction, which would be a mix of bonds and leveraged loans, according to people with knowledge of the matter who asked not to be identified as the details are private. Conversations are preliminary and details of the financing may change, they added.

Spokespeople for JetBlue, Barclays and Goldman declined to comment. ...

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