{"schema_version":"secwatch.filing_event.v1","accession":"0000766421-24-000069","form_type":"8-K","ticker":"ALK","cik":"0000766421","company_name":"ALASKA AIR GROUP, INC.","filed_at":"2024-09-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.816335+00:00","generated_at":"2026-05-31T01:00:36.417423+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Alaska Air launches loyalty-backed notes offering to refinance Hawaiian debt; pro forma net loss $137M","bullets":["Launched private offering of senior secured notes due 2029 and 2031 by AS Mileage Plan IP Ltd., secured by Mileage Plan collateral.","Proceeds together with new Term Loan B due 2031 will redeem Hawaiian's 11.000% notes due 2029 and 5.750% notes due 2026.","Unaudited pro forma combined net loss of $137M for six months ended June 30, 2024 and $111M for year ended December 31, 2023.","Merger with Hawaiian closed on September 18, 2024; cash consideration of $18 per share totaling $936M for 52M shares.","Intercompany loan from proceeds will support Alaska Airlines' liquidity and general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0000766421-24-000069","json":"https://secwatch.observer/filing/0000766421-24-000069.json","markdown":"https://secwatch.observer/filing/0000766421-24-000069.md","text":"https://secwatch.observer/filing/0000766421-24-000069.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/766421/000076642124000069/0000766421-24-000069-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/766421/000076642124000069/alk-20240930.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T01:00:36.417423+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}