Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers S > Headlines for Southwest Airlines Co. > News item |
Fitch rates Southwest bonds BBB+
Fitch Ratings said it assigned a BBB+ rating to Southwest Airlines Co.'s proposed unsecured notes offering.
The airline plans to sell unsecured bonds with maturities spread between three and five years. This offering is in addition to the $2 billion of convertible bonds and equity issuance offered yesterday.
The notes proceeds will be used to prepay a portion of the company's 364-day term loan.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.