Southwest Airlines Prices $1.25 Billion Offering of Senior Notes

05:34 PM EDT, 10/26/2026 (MT Newswires) -- Southwest Airlines (LUV) priced an underwritten public offering of $1.25 billion of senior notes, including $600 million of 5.75% notes due 2029 and $650 million of 6% notes due 2031. Net proceeds will be used for general corporate purposes, which may include repayment at maturity of the company's outstanding $300 million of 3% notes due Nov. 15, as well as the repayment or redemption of other debt or corporate obligations, the airline said Monday in a statement. The offering is expected to close around Nov. 2.