Forward for Specialty Finance
Deal Summary
Mileage Plan IP, Ltd. (Alaska Air Group Subsidiary)
$750,000,000
Senior Secured Term Loan Facility
Bank of America, U.S. Bank
Deal Notes:
The facility is fully drawn at closing, bears interest at Term SOFR with a zero floor, and includes restrictions on additional debt incurrence.
Secured on a pari passu basis with existing notes and collateral. Mandatory amortization and prepayment provisions included.
