Hawaiian Holdings (HA) just unveiled an announcement.
Hawaiian Holdings, Inc. has announced the preliminary outcome of its offer to exchange its 5.750% Senior Secured Notes due 2026 for new 11.000% Senior Secured Notes due 2029, plus cash, to qualified investors. The deal also includes a consent request for amendments to the terms of the existing notes. This strategic financial move is aimed at restructuring the company’s debt and is available only to certain institutional investors in the U.S. and non-U.S. persons in accordance with specific securities regulations.
For a thorough assessment of HA stock, go to TipRanks’ Stock Analysis page.
