01:28 PM EDT, 08/13/2024 (MT Newswires) -- JetBlue Airways ( JBLU ) revised the structure of its planned $2.75 billion bond and loan sale by increasing the note issuance by $500 million and reducing the loan portion by the same amount, Bloomberg News reported Tuesday, citing people familiar with the matter.

The company now plans to sell $2 billion of seven-year notes and $750 million of a five-year term loan, the report said.

Both offerings are set to price later Tuesday, the report added.

JetBlue ( JBLU ) did not immediately respond to MT Newswires' request for comment.

Shares of JetBlue ( JBLU ) were down 2% in recent trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 4.71, Change: -0.09, Percent Change: -1.98