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
January 31, 2026 - 02:31
Senate passes funding deal but a partial government shutdown is on tap for this weekendThe U.S. Senate has successfully passed a short-term funding package, a critical step toward maintaining federal operations. However, the threat of a partial government shutdown beginning this...
January 30, 2026 - 18:27
Onity Group Announces Closing of $200 Million Senior Notes OfferingWEST PALM BEACH, Fla., Jan. 30, 2026 – Onity Group Inc. has successfully completed a significant debt offering, raising $200 million in capital. The transaction was finalized through the...
January 30, 2026 - 11:29
In Graphic Detail: The puny nature of regulatory fines compared to Big Tech’s financial prowessGovernments worldwide are increasingly wielding regulatory fines against technology giants for various infractions, from antitrust violations to data privacy breaches. However, a stark comparison...
January 29, 2026 - 23:05
German Finance Minister Calls for Discriminatory Taxes on Large U.S. Tech Firms - Americans for Tax ReformGerman Finance Minister Lars Klingbeil has called for the implementation of a new digital services tax aimed squarely at large international technology corporations. The proposal, outlined in a...