---
schema_version: "secwatch.filing_event.v1"
accession: "0000766421-24-000072"
form_type: "8-K"
ticker: "ALK"
cik: "0000766421"
company_name: "ALASKA AIR GROUP, INC."
filed_at: "2024-10-02T23:59:59+00:00"
generated_at: "2026-05-30T22:53:21.678669+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Alaska Air Group prices $2B in loyalty-secured financings; to redeem $991M of Hawaiian debt

## Summary
- Priced $1.25B senior secured notes: $625M at 5.021% due 2029, $625M at 5.308% due 2031.
- Also priced $750M senior secured Term Loan B due 2031; total financings $2B.
- Upsized notes from originally announced $750M to $1.25B aggregate principal.
- Proceeds will redeem Hawaiian's $984.9M of 11.000% notes due 2029 and $6.3M of 5.750% notes due 2026.
- Expected closing October 15, 2024; secured by Alaska Airlines Mileage Plan collateral.

## SEC filing metadata
- accession: 0000766421-24-000072
- form_type: 8-K
- ticker: ALK
- cik: 0000766421
- company_name: ALASKA AIR GROUP, INC.
- filed_at: 2024-10-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/766421/000076642124000072/0000766421-24-000072-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/766421/000076642124000072/alk-20241001.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000766421-24-000072
- JSON: https://secwatch.observer/filing/0000766421-24-000072.json
- Plain text: https://secwatch.observer/filing/0000766421-24-000072.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.