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Southwest Airlines (LUV) Prices 70M Share Upsized Common Offering at $28.50/Sh and $2B Offer of 1.25% Convertible Senior Notes Due 2025
April 29, 2020 5:53 AM EDTSouthwest Airlines Co. (NYSE: LUV) today announced it has priced its underwritten public offering of 70,000,000 shares of common stock of the Company at a public offering price of $28.50 per share (the "Common Stock Offering") and its underwritten public offering of $2.0 billion aggregate principal amount of 1.250% Convertible Senior Notes due 2025 (the "Convertible Notes" and such offering, the "Convertible Notes Offering"). The size of the Common... More
