- A group of senior JetBlue creditors is working with financial adviser PJT Partners and law firm Akin, according to people familiar with the matter.
- JetBlue's $2 billion notes due 2031 fell to 42 cents on Thursday after a recent bondholder call, then bounced to the mid-40s on Friday, per Finra data cited by WSJ.
- The bonds traded near 80 cents on the dollar earlier in the same month, so the decline is steep.
Quotes
“Its $2 billion notes due 2031 fell to 42 cents on Thursday”