January 24, 2021
Business News

JetBlue Announces Pricing of Common Stock Offering


NEW YORK–()–JetBlue Airways Corporation (NASDAQ: JBLU) today announced that it has priced its underwritten offering of 36,500,000 shares of its common stock at a public offering price of $14.40 per share. The size of the offering was increased from the previously announced 35,000,000 shares of common stock. The net proceeds to JetBlue from the offering, after deducting underwriting discounts and other offering expenses, are expected to be approximately $506,704,000.

JetBlue has granted the underwriters a 30-day option to purchase up to 5,475,000 additional shares of common stock at the public offering price less the underwriting discount (reflecting an increase from the previously announced option of up to…



Click here to view the original article.

Related Posts

You might also like ...

Wabtec Wins Metroflexx Brake System Order for Singapore Mass Rapid Transit
AON Splash Image
When the bull market breaks, it’s ‘likely to break hard,’ warns longtime bear who suggests investors are putting too much faith in the vaccine – MarketWatch
AON Splash Image
BP’s oil exploration team swept aside in climate revolution