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Prospect News home > News index > List of issuers W > Headlines for WestJet Loyalty LP > News item
Published on 1/30/2024 in the Prospect News Bank Loan Daily, Prospect News Canadian Bonds Daily and Prospect News High Yield Daily.

Fitch rates WestJet bonds BB-

Fitch Ratings said it assigned BB-/RR2 (76%) ratings to WestJet Loyalty LP's planned senior secured bonds. The proposed bonds will be secured by WestJet's loyalty program assets and brand intellectual property.

The ratings are in line with the rating on the issuer’s $1 billion term loan due 2031.

The proceeds will be used to partly refinance the company's outstanding term loan.

The outlook on WestJet is stable.


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