09:12 AM EDT, 08/09/2024 (MT Newswires) -- JetBlue Airways ( JBLU ) is in talks to sell $1.5 billion of bonds that would yield about 9.5% to 10%, Bloomberg reported Thursday, citing people familiar with the matter.

The airline is also considering a $1.25 billion leveraged loan with a margin of 5 to 5.5 percentage points over the Secured Overnight Financing Rate, the report said.

Demand has been strong for the bond, with orders already exceeding $1.5 billion during premarketing, according to the report.

The debt package could launch as soon as Monday, although discussions are ongoing and details could change, the report said.

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

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