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Hawaiian Holdings Launches Exchange Offer and Secures New Financing
Company Announcements

Hawaiian Holdings Launches Exchange Offer and Secures New Financing

Hawaiian Holdings (HA) just unveiled an announcement.

Hawaiian Holdings, Inc. has initiated an exchange offer, inviting holders of their 5.750% Senior Secured Notes due 2026 to swap these for new 11.0% Senior Secured Notes due 2029 plus cash. This financial maneuver, aimed at qualified institutional and non-US investors, also involves a consent solicitation to amend terms for the existing notes. The company has also disclosed new financing agreements, including a $130 million deal backed by a Boeing aircraft and a $402.5 million arrangement secured by Airbus A321neo aircraft, underscoring its strategic financial management amid a dynamic market landscape.

See more data about HA stock on TipRanks’ Stock Analysis page.

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