JetBlue lenders band together as airline's debt woes deepen (JBLU:NASDAQ)
· seekingalpha.com
JetBlue lenders agree to avoid individual deals for a premium if it defaults; 9.875% 2031 loyalty bonds have traded as low as 57 cents.
A majority group of lenders who hold debt that matures in 2031 and a first-lien loan have agreed not to strike any individual deals with JetBlue Airways (JBLU),...