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An announcement from Southwest Airlines ( (LUV) ) is now available.
Southwest Airlines Co. announced a change in the settlement method for its 1.250% convertible senior notes due 2025, opting to settle in cash. This decision, communicated to securityholders and the trustee, may impact the company’s financial operations and stakeholder relations as it approaches the maturity of these notes.
More about Southwest Airlines
Southwest Airlines Co. is a major American airline known for its low-cost, no-frills model. The company primarily offers domestic flights within the United States and has a strong market focus on providing affordable air travel options.
YTD Price Performance: -3.60%
Average Trading Volume: 6,935,575
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $19.29B
For a thorough assessment of LUV stock, go to TipRanks’ Stock Analysis page.