Debevoise Advised Alaska Air Group on $1.25 Billion Financing Transactions, Including Revolving Credit Facility Upsize, Term Loan B and Senior Notes Offering

14 May 2026

Debevoise & Plimpton LLP has advised Alaska Air Group, Inc. (NYSE: ALK) in connection with three financing transactions totaling $1.25 Billion: the upsize of its revolving credit facility by $250 million to $1.1 billion, a new incremental $500 million senior secured Term Loan B and its $500 million offering of 6.5% senior notes due 2031.

For more information, see the client’s press releases regarding the revolving credit facility, the Term Loan B and the senior notes offering.

The Debevoise team was led by finance partner Brian Liu and capital markets partner Eric Juergens and included finance counsel Dmitry Karamyslov, associate Vitali Anfimov, and corporate staff attorneys Christopher Wolfring and Thais Derjangocyan and capital markets associates Emily Cohen, Grace Huang, Amy Pereira and Keith Stackhouse and law clerk Hannah Wolfe, and tax counsel Ben Lee Friedman and associate Corey Mavleos.