Jet2 has announced the successful pricing and final terms of its £387.4 million offering of guaranteed senior unsecured unrated convertible bonds due 2026. The convertible bonds will be initially guaranteed by Jet2.com Limited and Jet2holidays Limited, while the terms and conditions will provide for provision of guarantees by other subsidiaries of Jet2 and the release of existing guarantors in certain circumstances. The convertible bonds will be issued in principal amounts of £100,000 each and will carry a coupon of 1.625% per annum. The bonds will be convertible into new and/or existing ordinary shares of the company. The initial conversion price
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