02:59 PM EDT, 08/06/2024 (MT Newswires) -- JetBlue Airways ( JBLU ) had had discussions with lenders over a possible $2.75 billion debt offering backed by its loyalty program, Bloomberg reported Tuesday, citing people with knowledge of the matter.
The company is working with Barclays ( JJCTF ) and Goldman Sachs Group ( GS ) , among other banks, on the deal, which would be a mix of bonds and leveraged loans to refinance debt, the people reportedly told Bloomberg. Conversations are preliminary and financing details may change, the report said, citing the people.
JetBlue ( JBLU ), Barclays ( JJCTF ), and Goldman Sachs ( GS ) did not immediately respond to MT Newswires' requests for comment.
(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.)
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