As reported yesterday, US Airways Group completed a $500m senior notes offering. The news that came in after the newsletter went out however was that the airline notes priced to par at 6.125% yield. Demand was so high that there is talk of a $100 upsizing. The notes are rated CCC+/Caa2/B-, which is lower than United’s recent deal although the US Airways notes priced more tightly. Joint bookrunners on this deal were: Goldman Sachs, Citigroup, Barclays, Morgan Stanley and Credit Suisse. US Airways also allocated a senior secured refinancing yesterday, which consists of a $1 billion six-year B-1 term loan

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