White & Case and JetBlue Honored with Prestigious Aviation Finance Award
January 16, 2025 - 17:49
Global law firm White & Case LLP, in collaboration with JetBlue Airways, has been recognized with the "Structured Finance Deal of the Year" award at the Airline Economics' 2025 Aviation 100 Global Leaders Awards. This accolade highlights their successful partnership in navigating a significant financial transaction.
The award-winning deal involved White & Case advising JetBlue Airways Corporation and JetBlue Loyalty, LP on the issuance of an impressive US$2 billion in senior secured notes, which carry a 9.875 percent interest rate and are set to mature in 2031. In addition to this, the firm facilitated the simultaneous closing of a US$765 million senior secured term loan.
Both financial instruments are secured by JetBlue's loyalty assets, showcasing the airline's innovative approach to leveraging its customer loyalty program for substantial funding. This recognition underscores the strategic importance of structured finance in the aviation industry and highlights the expertise of White & Case in handling complex financial transactions.
MORE NEWS
May 1, 2026 - 00:23
Alamar Biosciences to Report First Quarter 2026 Financial Results on May 8, 2026FREMONT, Calif., April 30, 2026 -- Alamar Biosciences, Inc., a company focused on precision proteomics and early disease detection, has announced it will release its financial results for the first...
April 30, 2026 - 04:50
Former Hawks finance chief gets 3 years in prison for embezzling millions from team, prosecutors sayA former chief financial officer for the Atlanta Hawks has been sentenced to three years and one month in federal prison after admitting to embezzling millions of dollars from the NBA franchise...
April 29, 2026 - 01:23
Starbucks Stock Jumps After Earnings and Revenue Beat Wall Street ForecastsInvestors are celebrating a much-needed turnaround as Starbucks delivered stronger-than-expected fiscal second quarter earnings on Tuesday, sending shares surging in after-hours trading. The coffee...
April 28, 2026 - 11:38
Appleton School District Reveals Strong Financial Future Following Landmark Referendum VictoryThree weeks after voters overwhelmingly approved a four-year, $60 million referendum, the Appleton Area School District announced it is now positioned in a significantly positive financial standing...