Southwest Airlines Prices $1.25 Billion Senior Notes: 5.750% Due 2029 and 6.000% Due 2031
Southwest Airlines Co. (NYSE: LUV) announced on October 26 that it has priced an underwritten public offering of $1.25 billion in aggregate principal amount of senior notes, consisting of $600 million of 5.750% notes due 2029 and $650 million of 6.000% notes due 2031.
The company expects to use the net proceeds for general corporate purposes, which may include repaying at maturity its outstanding $300 million of 3.000% notes due November 15, 2026, as well as repaying or redeeming other indebtedness or corporate obligations. The offering is expected to close on or about November 2, 2026, subject to customary closing conditions.
Headquartered in Dallas, Texas, Southwest is one of the largest U.S. domestic carriers. As of September 30, 2026, it operated a fleet of 803 Boeing 737 aircraft serving 120 destinations in the United States and near-international markets.
Source: GSM · USA (original Chinese edition)
Photo: 西南航空公司标志。图片：维基共享资源，公共领域。
