Sidley Advises on Southwest Airlines’ US$1.25 Billion Senior Notes Offering

Sidley represented the underwriters, led by Barclays Capital Inc.; BNP Paribas Securities Corp.; Standard Chartered Bank; U.S. Bancorp Investments, Inc.; and Wells Fargo Securities, LLC, in connection with Southwest Airlines Co.’s issuance of US$1.25 billion of senior notes, consisting of a US$600 million aggregate principal amount of 5.750% Notes due 2029 and a US$650 million aggregate principal amount of 6.000% Notes due 2031.

The Sidley team was led by Alex Csordas (Capital Markets) and Kevin Lewis (Transportation), and included Stephanie Yang and Jen Greenberg (Capital Markets); and Suresh Advani (Tax).