Market Chatter: JetBlue Bonds Fall Amid Liquidity Concerns

MT Newswires Live
Yesterday

JetBlue Airways' (JBLU) 2031 bonds fell to their lowest level since issuance ahead of the airline's Q2 earnings report, as investors grew concerned about the company's liquidity, Bloomberg reported Friday.

The carrier has scheduled an August meeting with fixed-income investors to discuss its liquidity and balance sheet, the report said, citing people familiar with the matter.

The company is scheduled to report Q2 results on July 28.

JetBlue did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10