JetBlue buys back $53 million of its 3.75% convertibles due 2035

By Devika Patel

Knoxville, Tenn., Oct. 23 - JetBlue Airways Corp. announced that during the quarter it repurchased $53 million of its $250 million 3.75% convertible notes due 2035 for $40 million.

JetBlue repurchased an additional $20 million in notes for $14 million in October.

As a result of these repurchases, JetBlue reduced the outstanding amount of notes to $177 million from $250 million.

The notes have a put date of March 2010.

JetBlue is a New York-based airline.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.