Alaska Air closes 2020-1A and 1B EETC

Alaska Airlines has secured nearly $1.2 billion in a $1.73.919bn private offering of two Class A Enhanced Equipment Trust Certificates (EETC), Series 2020-1A and Series 2020-1B. The notes are secured on a portfolio of 61 aircraft: 26 737-890 aircraft, each delivered new to Alaska Airlines from January 2007 to June 2010, 16 737-990ER aircraft, delivered new to Alaska from February 2016 to March 2019, and 19 Embraer E175 LR aircraft, each delivered new to Horizon from June 2017 to December 2018. The $965.772 million Series A notes, which mature on Aug. 15 2027, priced 4.800% per annum, with the $208.147