---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-075128"
form_type: "8-K"
ticker: "JBLU"
cik: "0001158463"
company_name: "JETBLUE AIRWAYS CORP"
filed_at: "2024-09-03T23:59:59+00:00"
generated_at: "2026-05-31T06:34:16.339721+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# JetBlue issues $2B 9.875% senior secured notes due 2031 and $765M term loan; adds $60M convertible notes

## Summary
- Co-issued $2,000M aggregate principal of 9.875% Senior Secured Notes due 2031, secured by TrueBlue loyalty program collateral.
- Entered $765M senior secured term loan facility with similar collateral, maturing August 2029, bearing Term SOFR plus margin.
- Initial purchasers fully exercised option, resulting in an additional $60M of 2.50% convertible senior notes due 2029.
- Notes and term loan are guaranteed by guarantors, secured on first-lien basis by loyalty program assets.
- Notes placed in private placement under Rule 144A/Reg S, not registered under Securities Act.

## SEC filing metadata
- accession: 0001213900-24-075128
- form_type: 8-K
- ticker: JBLU
- cik: 0001158463
- company_name: JETBLUE AIRWAYS CORP
- filed_at: 2024-09-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1158463/000121390024075128/0001213900-24-075128-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1158463/000121390024075128/ea0213241-8k_jetblue.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-075128
- JSON: https://secwatch.observer/filing/0001213900-24-075128.json
- Plain text: https://secwatch.observer/filing/0001213900-24-075128.txt

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