Hawaiian prices its EETC

Hawaiian Airlines announced its first-ever offering of Enhanced Equipment Trust Certificates yesterday, that will be used to secure fixed, low-interest financing for the acquisition of six new Airbus A330 aircraft delivering over the next 18 months. The financing is comprised of $328,260,000 of Class A Certificates, which will have an interest rate of 3.90% per annum and a final expected distribution date of January 15, 2026, and approximately $116,280,000 of Class B Certificates, which will have an interest rate of 4.95% per annum and a final expected distribution date of January 15, 2022. The Certificates are expected to be issued